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Content provided by AnnaRae Grabstein and Ben Larson, AnnaRae Grabstein, and Ben Larson. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by AnnaRae Grabstein and Ben Larson, AnnaRae Grabstein, and Ben Larson or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.
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#110 - High-Risk, High Fees: Why Cannabis Payments Are Still Broken w/ Aubrey Amatelli of PayRio

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Manage episode 515895388 series 3509840
Content provided by AnnaRae Grabstein and Ben Larson, AnnaRae Grabstein, and Ben Larson. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by AnnaRae Grabstein and Ben Larson, AnnaRae Grabstein, and Ben Larson or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

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We unpack why cannabis retail still can’t run on normal card rails, how debit and alternative payments increase average tickets, and what federal legality would actually change. Aubrey Amatelli of PayRio shares data, pitfalls, and a playbook for safer, smoother checkout.
• why Visa and Mastercard rules block standard cannabis card payments
• cashless ATM and debit as the current stable rails
• 34% average ticket lift moving from cash to debit
• 22–27% additional lift when adding credit options
• safety risks of cash-heavy operations and theft exposure
• stigma reinforced by nonstandard checkout experiences
• differences between hemp and cannabis processing
• COAs, 0.3% THC threshold, and bank compliance for hemp e‑com
• MATCH list risks and website monitoring
• state of banking access for cannabis vs hemp
• why SAFE or Schedule III won’t fully normalize payments
• founder journey, brand choices, and community support
• call to support women entrepreneurs across the cannabis space
If you've enjoyed this episode, please drop us a review on Apple Podcasts, Spotify, or wherever you listen to your show
--
High Spirits is brought to you by Vertosa and Wolf Meyer.
Your hosts are Ben Larson and AnnaRae Grabstein.
Follow High Spirits on LinkedIn.
We'd love to hear your thoughts. Who would you like to see on the show? What topics would you like to have us cover?
Visit our website www.highspiritspod.com and listen to all of our past shows.

THANK YOU to our audience. Your engagement encourages us to keep bringing you these thought-provoking conversations.
Remember to always stay curious, stay informed, and most importantly, keep your spirits high.


  continue reading

Chapters

1. Teaser: Cash Vs Card Impact (00:00:00)

2. Event Announcement: 3rd Annual High Spirits Morning Mixer at MJBiz (00:00:16)

3. Hosts Banter And Q4 Planning (00:02:31)

4. Medical Market And Normalization (00:06:49)

5. Guest Intro: Aubrey From PayRio (00:09:31)

6. Why Cannabis Payments Are Broken (00:11:24)

7. SAFE, Schedule III, And Reality (00:15:35)

8. Safety, Cash, And Ticket Growth (00:18:50)

9. Volatility And Trust In Solutions (00:22:05)

10. Stigma And The Checkout Experience (00:24:36)

11. Hemp Vs Cannabis Processing (00:26:17)

12. Banks, Compliance, And Match List (00:30:10)

13. State Of Banking Access (00:32:17)

14. What Changes Next (00:34:11)

15. Founder Journey And Motivation (00:36:21)

16. Brand, Community, And Growth (00:40:02)

17. Parenting, Perception, And Acceptance (00:43:14)

18. Last Call: Support Women In Cannabis (00:48:12)

19. Host Takeaways And Closing (00:50:10)

109 episodes

Artwork
iconShare
 
Manage episode 515895388 series 3509840
Content provided by AnnaRae Grabstein and Ben Larson, AnnaRae Grabstein, and Ben Larson. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by AnnaRae Grabstein and Ben Larson, AnnaRae Grabstein, and Ben Larson or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Send us a text

We unpack why cannabis retail still can’t run on normal card rails, how debit and alternative payments increase average tickets, and what federal legality would actually change. Aubrey Amatelli of PayRio shares data, pitfalls, and a playbook for safer, smoother checkout.
• why Visa and Mastercard rules block standard cannabis card payments
• cashless ATM and debit as the current stable rails
• 34% average ticket lift moving from cash to debit
• 22–27% additional lift when adding credit options
• safety risks of cash-heavy operations and theft exposure
• stigma reinforced by nonstandard checkout experiences
• differences between hemp and cannabis processing
• COAs, 0.3% THC threshold, and bank compliance for hemp e‑com
• MATCH list risks and website monitoring
• state of banking access for cannabis vs hemp
• why SAFE or Schedule III won’t fully normalize payments
• founder journey, brand choices, and community support
• call to support women entrepreneurs across the cannabis space
If you've enjoyed this episode, please drop us a review on Apple Podcasts, Spotify, or wherever you listen to your show
--
High Spirits is brought to you by Vertosa and Wolf Meyer.
Your hosts are Ben Larson and AnnaRae Grabstein.
Follow High Spirits on LinkedIn.
We'd love to hear your thoughts. Who would you like to see on the show? What topics would you like to have us cover?
Visit our website www.highspiritspod.com and listen to all of our past shows.

THANK YOU to our audience. Your engagement encourages us to keep bringing you these thought-provoking conversations.
Remember to always stay curious, stay informed, and most importantly, keep your spirits high.


  continue reading

Chapters

1. Teaser: Cash Vs Card Impact (00:00:00)

2. Event Announcement: 3rd Annual High Spirits Morning Mixer at MJBiz (00:00:16)

3. Hosts Banter And Q4 Planning (00:02:31)

4. Medical Market And Normalization (00:06:49)

5. Guest Intro: Aubrey From PayRio (00:09:31)

6. Why Cannabis Payments Are Broken (00:11:24)

7. SAFE, Schedule III, And Reality (00:15:35)

8. Safety, Cash, And Ticket Growth (00:18:50)

9. Volatility And Trust In Solutions (00:22:05)

10. Stigma And The Checkout Experience (00:24:36)

11. Hemp Vs Cannabis Processing (00:26:17)

12. Banks, Compliance, And Match List (00:30:10)

13. State Of Banking Access (00:32:17)

14. What Changes Next (00:34:11)

15. Founder Journey And Motivation (00:36:21)

16. Brand, Community, And Growth (00:40:02)

17. Parenting, Perception, And Acceptance (00:43:14)

18. Last Call: Support Women In Cannabis (00:48:12)

19. Host Takeaways And Closing (00:50:10)

109 episodes

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