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.
Because pot is federally illegal, cannabis retailers usually cannot take credit or debit cards.
What people may not realize, he said, is that each of these apps charges significant fees per transaction.
In the meantime, to help with the robbery issue, Smith says the board has had roundtables with pot shop owners, financial institutions, legislators, and other stakeholders.