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Safe Harbor Financial Announces Completion of Abaca Acquisition
Safe Harbor adds more than 300 unique accounts to its platform Increases operations to more than 40 states and U.S. territories Expands lending and technology capabilities and adds three additional financial institution relationships Deepens [...]
5 Best Practices for Upgrading Your Cannabis Payroll
The cannabis industry has faced a lot of challenges when it comes to securing reliable financial solutions. The cash vs. digital consumer payments debate probably stands out the most. But instead of focusing on [...]
4 Tips to Prepare Your Dispensary for Green Wednesday Sales
Thanksgiving week is a major retail event across the US—with daily spotlights like Black Friday, Small Business Saturday, and Cyber Monday. Customers spend the week shopping, enticed by flashy holiday deals and discounted gift [...]
Abaca and Pacific Valley Bank Partner to Expand California Cannabis Banking Options
Abaca Accounts now available to legal California cannabis operators SALINAS, Calif., Aug. 25, 2022 – Abaca, an industry-recognized financial platform for cannabis operators, and Pacific Valley Bank (OTC Pink: PVBK), are partnering to expand [...]
Transition from Medical to Recreational in 5 Steps
Our beloved plant’s medicinal qualities are the origin of its state-by-state legalization. Historically, the origins of medical cannabis can be traced back to 2900 BC, with Chinese Emperor Fu Hsi referring to it as [...]
Avoid This Deathknell of Compliant Cannabis Payments
Cannabis is still illegal on a federal level, and as of this writing, just 19 states have embraced full legalization, while 19 others have enacted medical marijuana programs. As a result, the vast majority [...]
Save Some Green: Get the Employee Retention Tax Credit
Cannabis businesses have it tough, despite record-breaking sales during the pandemic. They often try modernizing typical retail tactics to adhere to a nuanced and heavily regulated industry. There aren’t many chances to save money, [...]
8 Tips for Cannabis Businesses to Know Your Consumer
KYC is a financial term for “Know Your Customer,” a set of standards that bankers use to verify their clients’ identities and securely open their accounts. Since we provide banking solutions for the cannabis [...]
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