Watch THV11’s segment on abaca’s new banking options for the medical marijuana industry in Arkansas and Oklahoma. Banking, payment processing and lending is made easy and affordable for the cannabis industry because of abaca’s fintech solution and app.
Cannabis businesses can face steep challenges in order to land a marijuana friendly bank account. But there is good news….because there are some steps that businesses can take today that will make getting an account a little easier.Read More
The U.S. Senate recently voted to block an amendment that would have eased access to banking services for the nation’s cannabis industry and, as if on cue, another dispensary was robbed at gunpoint. Silver Sage Wellness in Las Vegas was the victim of an armed robbery that netted $28,000 in cannabis products and $1,000 in cash on Monday, July 2, reports 8 News NOW.Read More
It seems every few months lately we hear about a new bill introduced to address the conflict between federal law and the laws of the now 29 states that have legalized marijuana. Nevertheless, these bills never seem to make it out of committee. Public sentiment, and even sentiment in the highest levels of government, is shifting in favor of solutions for a growing $9 Billion industry.Read More