Cannabis Retail Financial Goals: How to Accept Debit Payments In-Store

cannabis debit payment

It is no surprise that cannabis retailers have long been targeted for theft and burglary due to the cash-heavy nature of the business. To mitigate the risks and handling expenses associated with cash, dispensary owners have been adopting cashless payment methods. Offering customers the option to pay with their debit card has proven to be…

Case Study: Housing Works Cannabis Co Runs on BLAZE

Housing Works Cannabis Co, the first recreational dispensary in New York, opened its doors on December 29th, 2022 using the BLAZE cannabis software suite to run its large cannabis retail operation. In this case study, we’ll cover the challenges they faced as a new dispensary in a new market and how BLAZE helped them streamline and scale…

Top 3 Reasons Why Cannabis Dispensaries Need a Mobile App

MMD dispensary app

  As the cannabis industry continues to grow, it’s essential for retailers to stay ahead of the competition and provide the best possible customer experience. One of the best ways to do this is by having a mobile application for your cannabis retail business. In this blog post, we will be discussing the advantages of…

How Dispensary Analytics will Shape the Future of Cannabis Retail

Dispensary analytics

Introduction The cannabis industry is in the midst of a major transformation. With legal marijuana sales expected to reach $34 billion in 2023, there’s no denying that the industry is growing at an unprecedented rate. And with this growth comes new challenges–how do you get your product into the hands of consumers? How do you…

The Ultimate Cannabis Dispensary Card Processing Guide

Cannabis is a disruptive industry. Within a few short years, it transformed from an underground culture to becoming regulated “essential businesses” during the COVID-19 pandemic. The pace of change is simply astounding with projected 2020 U.S. cannabis revenue ranging from $15 to $19 billion dollars. Clearly, long-held attitudes are changing and this helps normalize the…

Payment Processing Solutions for Cannabis Dispensaries

The legal, regulated cannabis industry is unique, and as an evolving business model, dispensaries, customers, regulators, and law enforcement are still finding their way. A 2019 Gallup poll found that 66 percent of Americans favored legal cannabis. People’s long-held attitudes are changing and this helps normalize the entire cannabis community. But, when it comes to…

What to Look for When Selecting a Cannabis Credit Card Processor

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When you’re exploring cannabis payment processing options for your dispensary or delivery service, it’s crucial to make the right platform decision. Whether its medical marijuana payment processing or adult-use marijuana payment solutions, it is vitally important to research software and hardware compatibility, customer records integration, and state regulatory compliance. Because cash is still king in…

How to Accept Debit and Credit Cards for Dispensary Transactions

Cannabis payment processing is slowly gaining traction at dispensaries as new technology and processes emerge. However, without federal banking reforms or cannabis legalization, credit card use at dispensaries remains challenging. Debit card processing is much more common for dispensary transactions, and BLAZEPay provides options for both debit card and credit card payments using the customer’s…

Are Credit and Debit Cards Accepted in Marijuana Dispensaries?

Jaimee was excited about her first trip to a legal, regulated cannabis dispensary. She couldn’t wait to talk with a real budtender about two cannabis strains that she wanted to try hoping they’d help her relax and sleep better. She’d done her research online and this was her chance to buy the real thing; Skywalker…

Credit Card Regulations for Cannabis Businesses

Every dispensary owner knows that cannabis credit card processing options are extremely limited. This is primarily due to one overarching fact; major banks and credit unions are regulated by the federal government and cannabis remains illegal under federal law. This creates a high level of risk for any commercial bank and for now, most decline…