Remove Cannabis Banking Remove Credit Union Remove Underserved
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Credit Union Helps US Marijuana Businesses Put Down Roots

PYMNTS

Legal use does not necessarily mean legitimate business, however, and this emerging and often-controversial industry may quickly encounter financial roadblocks, which credit unions (CUs) are uniquely suited to address. I think the credit union industry plays a very vital role in serving the underserved,” Sbrega said. “I

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The Complicated Picture Of Banking Cannabis SMBs

PYMNTS

As the narrative goes, legal cannabis companies, often small- to medium-sized businesses (SMBs), are forced to rely on cash for both B2B and B2C payments. But this may be an over-simplification of cannabis firms’ struggle to access adequate banking services, according to Hypur Chief Revenue Officer Tyler Beuerlein.

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