- Majority of cannabis (~70%) is purchased with cash
- Cashless ATMs cause fear, uncertainty and skepticism due to poor use experience and lack of cannabis credit education
- Using cashless ATMs fosters safe transactional environments by eliminating the need to handle cash keeping both vendor and customer safe
- Shoppers either don’t know of or don’t know which cashless ATM platform to use. Some Apps are not available on both operating systems
- Fear that shopper will face trouble by bank if cannabis is purchased via card
Company policies – We will enable equitable access and opportunities in the cannabis industry, especially to the disenfranchised. Building confidence that will:
- Simplify the shopping experience of cannabis and cannabis-related products with fewer, clearer steps from awareness to conversion
- Solution that is widely marketed and available across all platforms
- Availability at a vast number of dispensaries and retailers, especially in AA and Hispanic neighborhoods
- Provide transparency that promotes confidence in making credit payments
- Ensure equity and equality to underserved communities who have been disproportionately affected by unequal application of the laws.
Executive profiles – A company is only as strong as its executive leadership. The executive team comes with over 50 years of business experience.