Processing Credit Cards for CBD Products

Important Update! Processing Credit Cards for CBD Products

Last week Happy Joe was notified that processing credit cards for CBD products might not be available soon. This is a big hit to the CBD industry (pun not intended) especially for online businesses like ours. Today we want to be totally transparent on this turn of events.

Challenges of Processing Credit Cards for CBD Products

Why is this happening to CBD companies?

Honestly, I don’t know. I’ve talked with numerous merchant card providers and no one seems to understand why processing credit cards for CBD is going away.

Last year, President Trump and Congress legalized hemp and CBD under the 2018 Farm Bill. It is federally legal to sell CBD products with less than .3% THC. But despite this congressional ruling, some states still prohibit CBD products. This could be a part of the problem.

Then there’s the FDA who has a strong stance against adding cannibidiol to food, beverages, and cosmetics. They want to write the guidelines for CBD but have yet to step up to the plate to make it happen. It could take months or years before they get this done. This complicates the process even more.

My belief is opponents of CBD and hemp are trying to force small companies like ours out of business.

Perhaps it’s the pharmaceutical companies applying pressure on banks or the FDA is making under the table deals. I know it’s a bit of a conspiracy theory, but how else can larger companies like CVS and Walgreens seem to go untouched? Processing credit cards for CBD won’t be an issue for them.

I’m all for regulating cannabis products to ensure the safety of others. We need stricter guidelines to keep gas stations and snake oil salesmen from selling harmful products. This just doesn’t seem to be what this situation is about.

How will Happy Joe deal with this challenge?

We knew there would be challenges to overcome in the cannabis and CBD industry. This is unchartered territory for cannabis businesses and consumers alike. The inability for processing credit cards for CBD purchases is just one of many challenges we will face. However we are NOT giving up.

Happy Joe has helped hundreds of military veterans to every day warriors find relief. We have partnered with some of the best producers in the CBD industry to offer amazing solutions to people like you. People depend on our stuff and we won’t go down without a hellacious fight!

Adapt. Improvise. Overcome.

We will continue offering our Military Grade CBD products even if it means we have to adapt to how we accept payments.

Happy Joe has learned no domestic banks are offering merchant accounts at this time, unless you generate millions of dollars. When Elavon decided to drop CBD companies, it sent a shockwave through the industry. Hopefully this will change soon and other banks will work with businesses like ours.

Right now we’re able to accept credit cards for payments until May 15, 2019.

We’ve found a new provider and hoping for approval any day now. We’re also looking at an eCheck option, which isn’t as convenient as processing credit cards for CBD purchases, but it is a workable solution. We can also do BillPay or ACH direct deposits.

We’re not the only CBD company who will be forced to accept eChecks or other forms of payments. Thousands of other companies are facing the same situation. Some businesses have had their merchant accounts shut down already.

Happy Joe sincerely hopes you will be patient and continue to support us through this potential payment processing challenge.

We’ve done our best to serve our community with excellent products and service. We encourage you to support us even though there might be slight inconveniences at times. If we stick together, we can be a show of force.

Happy Joe has your back. We hope you have ours. HOOAH!


We’re happy to announce that we’ve found a new payment processing solution for accepting credit card payments. The new system will be installed soon and will allow us to continue to deliver Military Grade CBD right to your mailbox.