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662 points JacobHenner | 1 comments | | HN request time: 0.203s | source
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mannyv ◴[] No.40214223[source]
One major effect of this is that weed stores will be able to use banks and payment processors legally once the regulators catch up.
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andrewxdiamond ◴[] No.40214371[source]
A lot of them have wiggled around this problem by offering “atms” at the cash register. You pay with a debit card, but it’s not a normal transaction, it’s an ATM withdrawal! I don’t understand how the money is vended to the business, but it keeps it out of the store
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1. hirsin ◴[] No.40217657[source]
Business 2 owns the building and the atm, renting it to business 1, the dispensary. B1 pays the cash as rent to b2 who puts it into the ATM again. A SWAG but it's common enough in other business setups to alter costs as I understand it.