It’s well known that federally insured banks have been hands-off with respect to the legal cannabis trade.
Now, apparently, payment processors are starting to deny service to content creators who crowdfund on the artist subscription web platform Patreon.
A number of artists have noted that Patreon has “suspended” their accounts for what’s being reported as “implied nudity.”
Although some are blaming the payment processors (Stripe and PayPal), it’s alleged that the real culprits are the major banking networks.
One adult content creator’s page is “now effectively a tip jar, with a simple “Thank you” message in place of an about section or description.”