Dealing with truckloads of cash is a risky proposition for marijuana dispensaries. Unfortunately for dispensary operators this is just a required part of doing business due to federal banking regulations.
The risks of having large amounts of cash on hand include:
- Your dispensary is a prime target for robbers
- Employee theft is hard to identify and prevent
- Lack of financial transparency
In addition to protecting your profits, another primary concern is the threat to the well-being and safety of your staff and patients.
This is why we created the Dispensary Automated Cashier to provide secure cash handling to marijuana dispensaries like yours.
The solution to secure cash handling in marijuana dispensaries
By taking the cash handling out of the hands of your budtenders the Dispensary Automated Cashier provides a safe way to handle and vault your cash.
The customer’s experience stays nearly identical to your current process and your patients will continue to have the personal and friendly interactions they enjoy today with your knowledgeable budtenders.
The process of accepting cash with the Dispensary Automated Cashier
Customers interact with the budtenders just like before. Budtenders provide a personal experience by educating patients about your products.
When the customer is ready to pay, the budtender instructs the patient to insert their cash into one or more Dispensary Automated Cashier conveniently located at your dispensary counter.
Once the customer has completed their payment the Dispensary Automated Cashier dispenses their change in cash and coin and your budtender hands them their products.
Budtenders still have the opportunity to upsell, offer discounts and educate patients on any special promotions.
How the Dispensary Automated Cashier differs from marijuana kiosks
Marijuana kiosks have started to gain some popularity with marijuana dispensary operators due to their ability to accept and vault your cash.
The problem with the marijuana kiosks on the market today is that they operate like a self-service POS and remove the personal experience of interacting with your budtenders.
Customers are expected to navigate your inventory and make their own decisions about your products without the benefit of standing in front of your budtenders.
Patients then must enter their entire order and pay at the kiosk, rather than dealing directly with your budtender like they’re used to. This changes the dynamic of the interaction by making it impersonal and can actually slow down your operations.
It’s not uncommon for popular dispensaries to already have a wait time of 10-15 minutes and if customers are required to create an account, place their own orders and checkout at a kiosk it has the potential to really slow things down, especially if they’re under the influence. Making a kiosk “stoner proof” can provide some serious challenges.
This is why we designed the Dispensary Automated Cashier to be a simple and elegant solution to secure cash handling for your dispensary.
Let us provide secure cash handling for your marijuana dispensary today
Contact us today to learn more about how we can provide secure cash handling for your legal marijuana dispensary.
Your patients choose your dispensary for a reason. Let us show you how to protect the safety of your patients and staff with our secure cash handling solution today.