This should be a wake up call for every dispensary using a cashless ATM!

 As the leader of a highly successful cannabis retail organization, you have a fiduciary responsibility to identify and address emerging risks before they become significant legal, financial, or operational liabilities. The decisions you make today will determine whether your organization is prepared for the challenges ahead—or exposed to avoidable consequences. 

I have spent the past four years working exclusively with cannabis payment solutions, and I am genuinely surprised by the lack of attention many executives continue to give to the growing legal and compliance issues surrounding cashless ATM transactions.

A proposed class action lawsuit recently filed in Missouri should be a wake-up call for every cannabis retailer still relying on this payment model. Regardless of how that particular case is ultimately resolved, it highlights the types of legal arguments plaintiffs' attorneys are now willing to pursue against dispensaries using cashless ATM transactions.