The Bear Cave issued a cautious research note on Sezzle (SEZL), saying Sezzle recently cut ties with several illegal online pharmacy merchants following an investigation from The Bear Cave. On January 2, The Bear Cave highlighted that Sezzle was the exclusive credit card payment processor for PharmStore, an online Canadian pharmacy on the National Association of Boards of Pharmacy’s “Not Recommended List,” but on or around Saturday, January 18, PharmStore removed Sezzle as a payment option. A customer service representative for PharmStore told The Bear Cave their contract with Sezzle was recently canceled, and they have no plans to restore the payment option.
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