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.

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 so hesitant to work with this industry. One […]
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?
February 24, 2021

What’s at Stake When You Lie to Your Bank?

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

Fintech Solutions and Cannabis Banking: What Works and What Doesn’t?

How can fintech be a part of the financial future of cannabis?
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.

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 so hesitant to work with this industry. One […]
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?
February 24, 2021

What’s at Stake When You Lie to Your Bank?

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

Fintech Solutions and Cannabis Banking: What Works and What Doesn’t?

How can fintech be a part of the financial future of cannabis?
February 8, 2021

Fincann Unveils First Of Its Kind Merchant Processing for Dispensaries

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

Merchant Processing in the Cannabis Industry: Everything You Need To Know

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

What Could the Biden Administration Mean for Cannabis Banking?

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

CBD Banking: Three Trends and Predictions for 2021

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

What is Legacy Cash and Why Is It Important to Cannabis Banking?

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

Debunking 5 Cannabis Banking Myths

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.
November 8, 2020

Fincann named as top cannabis banking institution by Best Marijuana Guide

Nathaniel Gurien, CEO of Fincann, is proud to announce that the company has been named as a top cannabis banking institution by Best Marijuana Guide.
November 5, 2020

Hemp Banking, CBD Banking, and Cannabis Banking: What’s The Difference?

Hemp and cannabis are technically the same plant, but in the eyes of the law, they couldn’t be more different.
November 4, 2020

When will New Jersey launch its adult use market?

Cannabis won big in the 2020 election, but sales in New Jersey will not commence overnight. Fincann expects a 2022 launch. Here's why.
July 24, 2020

How cannabis and hemp CBD differ from a regulatory perspective

For quite a long time and still even today, the end of federal cannabis prohibition has stood as a before and after milestone in the industry. Conventional wisdom has been for industry enterprises to tailor their major shareholder liquidity event for the year following prohibition’s end, which could happen as soon as the first half of 2021. The ‘C-level’ talk at trade conferences has been that of tailoring one’s company to be optimally attractive to specific categories of potential buyers […]
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