420 with CNW — Why Pennies Remain Vital in the Marijuana Industry
For most marijuana retailers, the humble penny has rarely been a topic of concern. That is changing. Earlier this year, President Donald Trump directed the U.S. Mint to halt production of the penny. Since then, financial institutions have begun limiting the number of pennies they distribute. The shift has drawn little public attention, but businesses that rely heavily on cash are beginning to feel the impact. Cannabis dispensaries are among the first to notice. Although digital payment tools have expanded in recent years, marijuana sales still involve a significant amount of physical currency. In many states, store owners estimate that about one-third of transactions are settled in cash, though the figure can…

















