The complex rules and regulations for operating cannabis businesses impedes their ability to get traditional funding from banks and credit unions. While many banks express interest in working with the cannabis industry, the federal classification of marijuana makes it difficult or, in some instances, impossible for them to do so.
However, there are a growing number of banking and payment processing partners who are stepping up to fill that gap.
We have compiled a list of resources to use when determining the legality and accessibility of cannabis banking and payment processing for your business:
Funding a cannabis business is possible with the right resources. Once it has been financed and launched, your cannabis business might need support from other professionals as well.
High Performance is about to launch the NEW version of its AI-powered reciprocal recommendation engine and invites you to register and receive exclusive access to subscriber insights, tips, trends and content from leading industry resources. Join our growing circle of “The Captains of Cannabis” today!
