New Jersey cannabis retailer Pipe Dreams has implemented a system that converts digital currencies to dollars instantly at checkout, allowing the store’s customers to use cryptocurrency for their marijuana purchases.
The system, from PDX Beam, allows customers to pay by scanning a QR code with their crypto wallet and complete a transaction in 15-30 seconds in an industry that’s notorious for struggling with payment processing and banking.
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Pipe Dreams owner Mahmoud Heikal said the store averages 2,000 transactions per month, and he estimates 12 per month are crypto conversion sales.
“It’s just another way for me not to say no to money,” Heikal told MJBizDaily.
And with Pipe Dreams’ location in Asbury Park, Heikal expects to see more customers based on the expected
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