Should You Install an ATM at Your Marijuana Dispensary? Let’s Explore!

Posted on

Should You Install an ATM at Your Marijuana Dispensary? Let’s Explore!

Marijuana dispensaries have become a common sight in most places in Colorado. Both medical and recreational marijuana users visit local marijuana dispensaries to obtain products. But what about the payment solution? Many retailers encounter problems facilitating payments as marijuana is still illegal at the federal level. Hence, many dispensary merchants provide Point of Banking (POB) solutions via cashless ATMs. This solid payment solution can be a great way to reduce processing fees and eliminate cash-on-hand requirements. According to research, cashless ATMs could possibly process as much 25% of the estimated $28 billion projected to come in from U.S. dispensary sales…