Industries / Cannabis
Stripe doesn't process cannabis. Settle does.
Licensed dispensaries, CBD ecommerce, hemp brands, and ancillary services. 0.5% per transaction, settled directly to your wallet. No rolling reserves. No T+14 holds. No 1099-K from a processor that may exit the industry next quarter.
Cost
The math.
| Cannabis-specialty processor | Settle | |
|---|---|---|
| Per-transaction fee | 3–5% | 0.5% |
| Monthly fee | $50–500 | $0 |
| Rolling reserve | 5–15% × 6mo | None |
| Settlement time | T+3 to T+14 | ~2s on Base |
| Industry-exit risk | Real — bank can exit category | Smart contract on Base |
| Chargebacks | Yes | None — payments are final |
Objections
The trade-offs, stated honestly.
Is it legal to accept crypto for cannabis where I operate?
That's a question for your compliance counsel, not us. Settle is jurisdiction-agnostic — we don't underwrite based on what you sell. You're responsible for staying within your state and federal lane.
Will my users actually have USDC?
Increasingly yes — especially mail-order CBD/hemp users, who are already comfortable with non-traditional rails. If your user base is walk-in dispensary, a fiat-cash terminal is still the better rail.
What about banking?
Settle isn't a bank and doesn't replace one. We're the rail that gets crypto-USD into your wallet; you still need fiat banking on top. Most of our cannabis merchants pair us with a credit-union account.
What's the trade-off?
No fiat onramp at checkout. If your user doesn't already hold USDC, they can't pay through Settle. Users comfortable with crypto pay in seconds; everyone else still needs your fiat option.