The PayPal of recreational pot: Startup aims to eliminate cash from Washington state marijuana business

marijuana-anniversarypot-shop-profile-4-580xx5502-3668-0-0PayQwick is headquartered in Calabasas, California and has an office in Kenmore. Washington state is the only place the company currently operates because it’s the only place it’s really safe to do so, said CEO Kenneth Berke.

PayQwick works much like PayPal, but for transactions involving recreational marijuana. Consumers can buy PayQwick cards, link them to their bank account and then transfer money to the cards, which they then use in stores.

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Published by NCV Newswire
NCV Newswire
The NCV Newswire by New Cannabis Ventures aims to curate high quality content and information about leading cannabis companies to help our readers filter out the noise and to stay on top of the most important cannabis business news. The NCV Newswire is hand-curated by an editor and not automated in anyway. Have a confidential news tip? Get in touch.

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