Transact with cash, debit card, or direct bank transfers.
Marijuana retail is booming, but the industry remains largely cash-based. Federal law still classifies pot as an illegal drug, so some banks and payment services run the risk of being penalized if they participate in marijuana retail.
Many banks do not allow cannabis companies to have bank accounts, and for dispensaries, taking debit cards and mobile payments can be complicated or impossible. This is a huge hurdle even in states where cannabis is legal.