February 25, 2021
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
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?
February 24, 2021
Not being fully transparent with the bank – or wholly lying to the bank about your business — has real consequences. What’s at stake when you don’t tell the whole truth about your cannabis business to your banking partner?
February 16, 2021
How can fintech be a part of the financial future of cannabis?
February 8, 2021
Fincann is proud to announce the addition of merchant processing for dispensaries and other THC licensees, adding to its vast suite of financial services geared toward the entire cannabis industry.
January 11, 2021
Why do THC and CBD businesses have so much trouble accepting credit and debit cards? Fincann explains the what and why behind this pressing industry issue.
January 5, 2021
Now that the 2020 election is largely behind us and a new president prepares to enter the White House, what should cannabis entrepreneurs and bankers alike expect from the new administration?
December 20, 2020
Can the CBD industry expect any changes to banking in 2021? Fincann explains what’s on the horizon and what CBD businesses can expect.
November 30, 2020
The term "legacy cash" refers to unbanked money accumulated by a business. In the cannabis industry, many businesses have a large sum of legacy cash on hand due to banking restrictions that left them without banking services.
November 10, 2020
The legal cannabis industry is still relatively young and evolving, but many U.S. institutions – financial ones included – have yet to catch up with this new reality.