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Letter from the editors



              n a matter of weeks, the holidays will be behind
              us. Decorations will be boxed up, presents will
              be put away or returned, thank-you cards or
        I emails written, diets begun, and new ventures
        embarked upon. One vertical a number of enterpris-
        ing payment professionals have taken on with gusto
        for the coming year is legal cannabis sales. Medicinal
        marijuana sales have been legal in a number of states
        for several years, and a small group of states have
        now deemed recreational cannabis product sales legal,
        including California, where such sales will be allowed      OF A RESOURCE
        as soon as the ball drops in New York's Times Square.

        However the fact that the federal government continues      GUIDE RGXL AD
        to categorize cannabis as a Schedule 1 narcotic on par
        with heroin presents significant legal and logistical
        challenges, with federal banking regulations being            Viewable: In Print, Online,
        high on the list. That said, entrepreneurs are finding
        work-arounds, and some envision not just sorting out             and Front Page Option
        the payments piece of the puzzle, but also providing
        a suite of services tailored to the vertical. This issue's
        lead article delves into the challenges and solutions at
        this juncture in the evolving cannabis sales sector.

        Given the ongoing disruption in payments, adapting to
        change will continue to be critical in 2018, and articles
        from contributing writers come through on that score,
        as well as on such topics as merchants' interest in
        cash discount programs, the Senate's rollback of the
        CFPB's anti-arbitration rule, reducing your merchant
        portfolio's MATCH list risk, the continued fallout from
        the Equifax data breach, and combating fraud during
        the holidays.

        Along with product and company profiles, we've also           •  Ability to purchase on a quarterly basis.
        included briefs on a number of news stories posted              Great for short term contract/test runs
        at  www.greensheet.com in recent weeks, as well as              of new products or services.
        updates  on  company  and  individual  professional
        milestones, new partnerships, appointments, research,         •  Great way to close out your yearly
        acquisitions and more.                                          advertising accounts and start fresh
                                                                        for the new year.
        As we put this issue to bed and begin work on our
        final issue of 2017, we want to thank all of our loyal        •  We have quarterly payments
        readers, contributing writers and advertisers who               schedules available.
        continue to support our mission to educate and
        empower the payments industry's feet on the street.           •  Discounts are given for long term
        The resilience of ISOs, merchant level salespeople and          contracts & multiple listings.
        other essential payment professionals is exceptional,
        and we are thrilled to have been fostering success in
        this sphere since 1983.                                       Call today for more details

        We hope you thrive this holiday season and beyond.                        Danielle Thorpe
        And we look forward to continuing to receive your
        news at  press@greensheet.com, as well as feedback at                          AVP Media Partnerships
        greensheet@greensheet.com.   .
                                                                           707-284-1686





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