Your Source For Missouri Cannabis Banking

When it comes to banking Missouri cannabis businesses, Abaca is the only source you’ll ever need. From checking accounts to payments to managing cash to lending and more, Abaca delivers.

Our chartered financial institution partners deliver “brick-and-mortar” banking with a sophisticated technology stack. That means you get cost-effective, fully compliant cannabis banking in the palm of your hand. Use these links and forms to get connected and stay connected with Abaca’s cannabis banking solution as the Missouri cannabis industry is licensed and brought to market.

Watch Abaca’s CEO Dan Roda, an expert speaker on cannabis banking, discuss How to Get a Cannabis Bank Account – And Keep It.

Watch Now

Loans for the Cannabis Industry

Cannabis has often been considered a business for the 1% because they are the only ones who can afford to get in. Well, not anymore. Abaca and our partner lenders are now offering loans for real estate, equipment, inventory purchases, and more. Contact us to start the conversation.

Request Abaca’s “Cannabis Banking FAQs”

With Abaca

  • Get a secured business bank account with one of our partner banks

  • Pay vendors and get paid electronically

  • Connect to merchant services enabling electronic B2B and retail transactions

  • Access valuable data from our machine learning technology

  • Simple, yet powerful, online account dashboard

  • Set transaction alerts to streamline workflows

  • Reduce financial compliance costs

Banking

How Does Abaca Work?

Abaca works just like getting a normal bank account for your business, but with additional due diligence. We’ve partnered with FDIC-insured local and regional banks, keeping the money at home and giving you a simple and secure banking solution.

Open an Account

What we collect from cannabis applicants:

  • Cannabis business license (and completed license application, if applicable)

  • Articles of Incorporation or Organization

  • Business Operating Agreement or Bylaws (executed)

  • Business EIN

  • Banking Resolution or Corporate Minutes (executed)

  • Business permits/licenses

  • Customer profile on your company and each owner/signer

  • Two forms of ID on each owner/signer

  • W-9s on the company and each signer

  • Mutual Non-Disclosure Agreement

  • Background checks