As anyone who’s ever visited a dispensary knows, carrying around large amounts of cash is inconvenient at best, and nerve-wracking at worst. Much of society has transitioned to cash alternatives such as debit and credit cards, virtual apps, and other safe and convenient payment options. Why not dispensaries?
The answer to that question is complicated. But for the moment, we’re delighted to let you know there is a workable alternative: The CanPay debit system.
At Green Goods, we believe our customers have the right to a safe, comfortable, and convenient shopping experience. And using their CanPay login, many thousands of them are already enjoying the benefits of this streamlined payment option.
If you’re interested in upgrading your dispensary experience, we couldn’t be more pleased to share the advantages of using the CanPay debit system. In today’s post, we’ll share details about the service, including the questions we most commonly get from our dispensary visitors, including:
- What is CanPay?
- Why use CanPay?
- How to get the CanPay app and login
- Is CanPay safe?
What Is CanPay? Login to Convenience
The cannabis industry has a money problem.
While legal cannabis is a roughly $37 billion business in the United States, dispensaries—and their customers—are in a pickle when it comes to finding a simple and convenient payment option. Denied such basic banking services as savings accounts, merchant processing, and other necessities, many dispensaries are forced to insist on cash-only transactions. It’s inconvenient to customers and dispensary staff alike. And despite major pushes by lawmakers, it’s a problem that persists.
How to Use the CanPay App
If you already use a standard debit card, you’ll have no problem getting comfortable with the CanPay app.
Start your journey at CanPay.com. After you’ve enrolled, use your CanPay login to access the CanPay App. When you’re ready to make your first purchase, tap “Pay Now” to generate a payment code. These codes last for thirty minutes and then expire if they go unused. Your friendly Green Goods merchant will scan your payment code at the time of checkout when they are ready to accept your payment.
CanPay keeps your money safe by employing cutting-edge security tools to protect your bank account and your personal information. Only you can make purchases with your account.
What’s more, CanPay dispenses with the “convenience fees” associated with some debit systems and apps. It’s a system so simple and easy to use that we believe it’s truly revolutionary and takes the cash-only hassle out of cannabis dispensary shopping. Get a CanPay login today and we think you’ll agree!
CanPay Debit: The Backstory
As a mobile phone app usable with Android and iOS, CanPay links customers’ banking accounts with merchants’ using a standard bank-to-bank transfer service. The brainchild of CEO Distin Eide, Colorado-based CanPay first took shape in 2016 after two sets of federal guidelines—the Cole Memo and the Financial Crimes Enforcement Network—promised some protection against federal prosecution.
Today, CanPay services dispensaries in over half the states and the District of Columbia. (These include many Green Goods locations, including those in Maryland and Minnesota) The service is quick and easy to set up. What’s more, there are no “convenience fees” charged to customers. (Some banks do charge a small fee for such ACH transactions; check with your banking representative for specifics).
If you can’t tell, we’re pretty excited about this new debit system. And we are hopeful that in the long term, developments on the national level may lead to even bigger and better changes for the industry—and its customers—as a whole.
Customers either need to plan ahead and bring sufficient cash—or be willing to pony up the fees for those in-store ATMs—when they make their purchases. And trust us when we say that we don’t want you to spend any more than you have to in order to access our safe, legal and well-regulated cannabis.
While a long-term solution is still in the works—more on that in a moment—CanPay is the cannabis-friendly debit app that is making the simple act of shopping for cannabis a whole lot more convenient. Here at Green Goods, we’re big fans. In bringing a clever and intuitive solution to the issue of cannabis transactions, it’s proving to be a game changer.That’s where CanPay comes in.
Looking Ahead to a Permanent Solution
CanPay is a great option for those who don’t want to bring large amounts of cash to dispensaries. But the SAFE Banking Act—a suite of cannabis banking laws designed to provide relief to the industry—is designed to bring even more impactful changes.
The SAFE Act is the creation of Representative Ed Perlmutter, Democrat of Arvada, Colorado. He began introducing a version of the bill to every Congress since 2013. What’s more, the House of Representatives passed the bill, not once but three times! The problem was with the Senate, where for years, solid Republican control erected an impassable roadblock to the bill becoming law.
Once Democrats took control of the upper chamber of Congress following the 2020 election, there was new hope that the SAFE Act’s moment had finally arrived. Following the election, Senate Majority Leader Chuck Schumer prioritized cannabis reform for the coming session of Congress. The bill was included in the National Defense Authorization Act for fiscal year 2023, passed (again) by the House on July 14, 2022. As of this writing, though, the bill is still held up in the Senate, where the razor-thin Democratic majority hasn’t been enough to push the bill through.
Does it matter? Some financial experts caution that because cannabis is still a Schedule I drug under federal law, the bill doesn’t provide banks total protection against prosecution. But here at Green Goods, we remain hopeful that eventual passage of the SAFE Act will simplify our transactions and result in an even more convenient shopping experience for our customers.
A New Level of Convenience When Shopping with Green Goods
Needless to say, we’ll keep you up to date on any and all news concerning cannabis reform. And we sincerely hope that offering CanPay as an option will make for an even simpler, more convenient, and more pleasurable shopping experience for you at all our Green Goods locations.
We’re proud to offer the very best and latest advancements in cannabis—from products to technologies—that will support your journey with these plants while making your shopping experience the very best it can be. Find the closest Green Goods location to you and start shopping online or in-store today!
If you have any further questions about getting set up or using CanPay don’t hesitate to reach out, we’re here to help.
Please note that qualifying conditions vary by state, and the information relating to qualifying conditions may not apply to cannabis patients in all states. Product availability also varies based on state program restrictions and rules, so the products discussed may not be available in all states. Be sure to check with your local Green Goods location about the products available in your state.