A senior official in the Biden administration has underscored the significant challenges faced by banks due to ongoing federal prohibition. The official emphasized the importance of...
The cannabis industry has witnessed significant growth in recent years, and with this expansion comes the need for specialized solutions to address unique challenges. Payments, lending,...
In an era where the cannabis industry is rapidly expanding, the intersection of banking and cannabis has become a critical focal point. The unique challenges faced...
As the legal cannabis industry continues to grow, financial solutions become increasingly crucial. The sector's growth and newness pose challenges for financial services providers. Kevin Hart,...
The Senate Banking Committee recently advanced the Secure and Fair Enforcement Regulation Banking Act (SAFER), having voted 14-9 in favor to advance the measure to the...
Washington, D.C. – September 29, 2023 In a significant development on Capitol Hill, a groundbreaking bill aimed at granting the marijuana industry access to essential banking...
“It wasn’t just an industry, it was one that was under the radar, illegal at the federal level and unknown. The complex business models had to...
The cannabis industry has been waiting, on bated breath, for the passage of the Secure and Fair Enforcement (SAFE) Banking Act. This proposed legislation is a...
“In today’s operating environment, everything is harder (read: more expensive) for a cannabis business. Add razor thin margins on top of that and you have a...
“Cash creates a huge operational burden and is actually expensive to manage. We are helping cannabis merchants increase sales, stay in compliance, improve operations and grow...