In The Press

Weed 101: Tips For First-Time Buyers

1. Nevada dispensaries can’t accept checks or credit cards.

The DEA still considers marijuana a Schedule I Controlled Substance, which makes it illegal at the federal level—and any bank with which a dispensary could do business is subject to federal regulation. The dispensaries aren’t wild about the situation, either. “We would love nothing more than to be able to take credit cards,” says Essence Cannabis Dispensary’s Armen Yemenidjian. “No one in cannabis wants to be an all-cash business; it’s more time-consuming.” Luckily, most dispensaries—including Essence—have on-site ATMs.

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