In this episode of CannaCast, Eric Altstadter, Partner and leader of EisnerAmper’s Cannabis and Hemp Group, speaks with Nathaniel Gurien, the CEO of Fincann, the Cannabis Banking Authority, Home of the Cannabis Banking Financial Network about the current state of cannabis banking.
WeedWeek quotes Nathaniel Gurien, CEO of Fincann, on the rise of cryptocurrency in the cannabis banking world what what it could mean for businesses and the industry as congress has yet to come to a consensus on banking legislation.
Nathaniel Gurien, chief executive of Fincann, an advisory and consulting firm that specializes in cannabis banking and payment systems, said minority investors should think more broadly about how to access the sector. “Chasing cannabis licenses may be ‘fool’s gold’ especially for minority equity candidates once federal legalization permits every corner convenience store to sell pre-rolls,” he said. “It might be wiser to apply current skills [and] experience combined with newly acquired skills [and] capital provided by equity programs to launch […]
Nathaniel Gurien, CEO of Fincann, a provider of payment solutions for the cannabis industry, feels the bill is nothing more than a superficial band aid to a larger problem, namely the federal illegality of the plant.
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