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SQ Block Inc

68.855
-2.66 (-3.71%)
Last Updated: 18:21:18
Delayed by 15 minutes
Share Name Share Symbol Market Type
Block Inc NYSE:SQ NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  -2.66 -3.71% 68.855 71.00 67.60 70.86 7,480,410 18:21:18

Block's Square Enters Canadian Cannabis Market

20/09/2023 12:45pm

Dow Jones News


Block (NYSE:SQ)
Historical Stock Chart


From May 2023 to May 2024

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By Will Feuer

 

Square, the payments platform owned by Block, is entering the Canadian cannabis market through a partnership with Jane Technologies, an online-ordering platform for cannabis dispensaries.

Square also said it has started an early-access program for licensed cannabis dispensaries in Ontario, allowing them to test Square's point-of-sale service in stores ahead of a broader roll out.

"At Square, we're always looking to solve sellers' pain points and we know cannabis dispensaries have limited options when it comes to reliable and integrated commerce tools," said Roshan Jhunja, Square's head of retail.

Earlier this week, Square said Chief Executive Alyssa Henry plans to depart on Oct. 2. Block CEO Jack Dorsey will step in to run the unit.

 

Write to Will Feuer at Will.Feuer@wsj.com

 

(END) Dow Jones Newswires

September 20, 2023 07:30 ET (11:30 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.

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