Due to the current Schedule 1 classification of cannabis, insurance corporations and federally run programs are not permitted to offer any assistance or influence on the state medical or recreational regulations. In addition to these rules, most banking institutions will not work with any businesses within the cannabis industry which results in a vast majority of dispensaries being cash only. While some dispensaries have found ways around this to offer credit/debit services, most have simply opted to provide ATM on site.
Modified on: Fri, 22 Mar, 2019 at 9:56 AM
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