Fisher: Dispensary ATMs Can Be 15x More Profitable Than Regular ATMs
Justin Fisher · They Help Banks Underwrite Cannabis Founders, $500k ARR Now, $1m Soon? · Jul 17, 2021 · at 2:29
Justin Fisher, founder of compliance platform RiskScout, discusses the unit economics of independent ATM operators servicing cash-heavy cannabis dispensaries.
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“And the funny side point to that is you put an ATM in a cannabis, cannabis dispensary because they're so cash based. Hopefully you don't rig people over the coals with fees, but they can be very lucrative about 15 times the profitability as a regular ATM.”
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