Hashish is now legal in a number of states in the United States, but since it is not federally permitted, it only hurts cannabis businesses in large measure. Dispensaries can offer hashish items legally in many states, but they do not have access to the same banking facilities as any other retail enterprise.
Dutchie, an Oregon-based startup, is aware of the complexity of the problem it is trying to solve. When it comes to payments and hashish, co-founder and main product officer Zach Lipson advised TechCrunch.
According to the author, cashless transactions are a major constraint for hashish businesses.
Zach and his co-founder (who is also his brother and the company's CEO),Ross Lipson, are attempting to address the issue with Dutchie Pay, a payment solution for the authorized cannabis market in the United States.
The way it will work
If you are looking for legal hashish for professional medical or leisure purposes, you may be able to place a purchase on your dispensary's website, but you will still have to pay for shipping and pickup. This is where Dutchie Pay comes in.
The name Dutchie Pays is reminiscent of Apple Pay back, and thats not a surprise since the company intends to be a single-click payment system.