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The Complicated Picture Of Banking Cannabis SMBs

PYMNTS

In previous years, Beuerlein said, financial institutions (FIs) weren’t interested in exploring how they could work with RegTechs like Hypur and other third-party players to step into the cannabis banking sector. “That appetite was not there in the beginning.”

Legal 78
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Credit Union Helps US Marijuana Businesses Put Down Roots

PYMNTS

I think the credit union industry plays a very vital role in serving the underserved,” Sbrega said. So, when we started talking to our board of directors about entering the cannabis banking space, we really looked to our mission statement.”. Part of our mission is to improve the quality of life in our communities.