Last week, the Washington State Liquor and Cannabis Board and Washington State Department of Financial Institutions published a list of cashless phone apps and transfer services that cannabis retailers can use for customer payments, in lieu of cash. The list also included banks and credit unions that would provide services to pot shops.
Because pot is federally illegal, cannabis retailers usually cannot take credit or debit cards. This reliance on cash alone has made them a target for armed robberies, which have spiked this year — including a robbery in Tacoma that saw an employee murdered.
However, not all cannabis retailers were optimistic about the cashless apps.
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