Marijuana Fintech Players Are Vying to Replace Cashless ATMs

An employee helps a customer at a cannabis dispensary in Leicester, Massachusetts.

Photographer: Scott Eisen/Bloomberg

Welcome to my weekly newsletter about cannabis and psychedelics. A fascinating aspect of new industries is how they spawn their own business innovations. This week, I take a look at what’s going on in cannabis fintech.

Many companies would love to be the Venmo or PayPal of cannabis. But there’s a long way to go.