June 7, 2021

Cannabis Business Loans and Lending: What’s The Real Deal?

Cannabis-related companies have historically had a hard time securing funding. There’s evidence, though, that a recent groundswell of support could change everything when it comes to cannabis companies in need of lending.
May 25, 2021

Unique Banking Challenges MSOs Encounter

What are some of the issues that impact an MSO’s ability to access banking?
May 10, 2021

Cannabis Seeds and Banking: How Does It Work?

If cannabis flower is federally illegal because it contains THC, are cannabis seeds legal because they don’t? The issue is complicated.
May 6, 2021

How Sen. Chuck Schumer’s Plan Could Change Federal Cannabis Laws

Proponents of cannabis legalization have had a lot to celebrate in recent months, with several states passing ballot measures or legislation to support the creation of adult use or medical industries. However, that enthusiasm has not made its way to the federal level. Many hoped that the election of Joseph R. Biden, Jr., would usher in new, more favorable attitudes toward cannabis decriminalization or legalization, but that glimmer is fading by the day. While the executive branch may not be […]
April 30, 2021

How many banks work with cannabis? It’s fewer than you think.

This post was updated on June 8th, 2021. Banking services are one of the cornerstones of starting any successful business, but the cannabis industry has ben unfairly shut out for quite some time. While the industry continues to grow as more states create adult-use or medical programs, cannabis-based business owners and entrepreneurs continue to struggle with access to basic services like business checking accounts, forcing cash-only operations for many. There are numerous cannabis banking myths about why financial institutions are […]
April 15, 2021

What to Do If You Lose Your Dispensary Bank Account

If your bank refuses to continue servicing your plant-touching business or otherwise dismisses you, here’s what you need to do next.
April 5, 2021

Delta-8-THC and Cannabis Banking: What Do We Know – Or Don’t Know?

Part of the legal ambiguity surrounding Delta-8-THC is that it can be isolated from both hemp and marijuana. This can affect banking services for Delta 8 products and businesses.
March 24, 2021

Why Is Seed To Sale Software So Important for Cannabis Banking?

This software is key for cannabis industry compliance, but the data it gathers is important for obtaining banking, too. Why is that the case?
February 25, 2021
Fincann Are Cashless ATMs Next

Are Cashless ATMs The Next Target of Federal Enforcement?

The former CEO of Eaze plead guilty to conspiracy to commit bank fraud. It's a painful reminder that many common industry workarounds are in fact fraudulent -- including and especially the popular cashless ATM workaround solution.
February 25, 2021

Ancillary Businesses and Cannabis Banking: Issues and Solutions

While plant-touching businesses generally feel the brunt of cannabis banking issues, the industry's ancillary businesses – those that provide support services to plant-touching companies – also face significant obstacles. What are these issues?
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