Abaca is the comprehensive cannabis banking and financial platform. We provide cannabis businesses with compliant bank accounts, lending, payments, and other financial services through proprietary technology and proven partnerships.
Financial Solutions for Cannabis
- Purpose-built for cannabis and hemp by banking and compliance experts
- Normalized access to FDIC-insured bank accounts, payment processing, and lending
- Streamlined compliance without manual reporting
- Products and pricing built to fit any size or type of business
Financial Products for Your Specific Business
Small & Medium Cannabis Businesses
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Cash Management »
Lending »Enterprise Cannabis Businesses
Payment Exchange »Hemp Businesses
Merchant Services »Ancillary Businesses
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What Our Clients Say
Banking with Abaca has made issuing and receiving payments easy with options for old school and electronic payments. Receiving payments from dispensaries and paying our vendors is so easy.
You would think ancillary businesses in the cannabis industry would have an easier time getting a bank account, but that is not the case. Abaca has enabled our testing lab to access traditional banking. Abaca enables my cultivator customers to pay electronically, and not with cash. We love their web interface.
The folks at Abaca are always quick to help us solve our payment issues and provide assistance to improve our process.
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Cannabis financial insights, reports and case studies
E-Commerce & Payments Primer for Cannabis Businesses
Normalization of retail payments and merchant services will open the door to a new era of cannabis e-commerce. When consumers can use a credit card to order their [...]
Three Suggestions for Improving Sustainability in Cannabis Financial Operations
This Earth Day we are reflecting on sustainability in financial services. While many advancements -- specifically the adoption of electronic payments -- have been made in financial [...]
You pay an extra 10% when you pay your taxes in cash
Many cannabis operators still run primarily cash businesses, which creates a challenge when it comes to everyday things like paying employees, purchasing inventory or buying [...]
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