[GothingNC]

Why they only take cash:

https://shiftprocessing.com/why-paying-with-cards-at-marijuana-stores-is-so-complicated/

It was breaking news when states declared cannabis a legal substance years ago. From the 1990s until recently, it was considered to be a Schedule I drug. But in the past several years, marijuana legalization movements have gained serious support.

Now, there are recreational and medical marijuana stores, or dispensaries in twenty-nine states where adults can legally buy marijuana.

However, the process of purchasing the substance can be complicated. Marijuana consumption may be legal in your state, but it’s still a banned substance at the federal level.

Federal marijuana laws trump state laws, leaving the cannabis market unregulated and excluded from financial services. If a credit card company were to lend any amount of money to a cannabis business, they would be liable for prosecution.

Without the option to use credit or debit cards, cash is the primary method of payment at a cannabis dispensary. However, by limiting a customer to cash, their purchasing power decreases which results in lower sales revenues for marijuana stores.