Editor's note: This article has been reviewed and updated for accuracy in 2026. Thanks to recent legislative reforms, the use and sale of cannabis for medicinal and/or recreational purposes is now legal in many locations across the United States. This is, of course, great news for marijuana proponents, and it has opened the door for new business ventures that have the potential to be quite lucrative. If you live in a state where the sale and use of marijuana has been legalized, you may be thinking about launching your own cannabusiness. Good for you! Not only will you be providing your community with a safe place where they can purchase top-quality products, but you’ll also have the opportunity to establish a reputable, highly respected establishment Of course, if you’re starting a 420 business, whether your own brand or via a franchise business model, a lot of factors need to be taken into consideration and plans need to be made. One factor that you definitely don’t want to overlook is how your business will accept payments. Due to federal finance restrictions related to the sale of cannabis products, payment acceptance options for 420 business owners are often limited; in other words, you may not be able to accept credit and/or debit cards, or other digital payments, but rather, cash may be the only payment option you can take. This isn’t a bad thing; in fact, it can be a very good thing, as