“Many companies would love to be the Venmo or PayPal of cannabis. But there’s a long way to go. Cash is still the go-to option in the U.S. since marijuana is federally illegal. Tepid progress toward legislation shows that is unlikely to change anytime soon. At the same time, the most popular payment alternative, so-called cashless ATMs, are problematic.”
Marijuana Fintech Players Are Vying to Replace Cashless ATMs
Bloomberg
