News & Media
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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 new equipment. It’s a big problem in [...]
Three Must-haves for 4/20
In the cannabis and hemp industry there are only a few tried and true truths: First, cannabis is medicine. Second, legalization needs to happen. And third, April 20 is THE cannabis holiday. [...]
State Tax Agencies Reference List
State Tax Agencies Reference Guide State Department Name Department Link Alaska Department of Revenue Tax Division Website Alaska Department of Revenue Department of Revenue Alabama Department of Revenue Department of Revenue Arkansas Department of [...]
Abaca Announces Merchant Services for Hemp and CBD Businesses
Payment Processing Now Available Nationwide NORTH LITTLE ROCK, Arkansas (December 15, 2020) – Since he founded his business, Ryan Croy, co-founder of Honcho & Hoss, CBD for the Everyman, has gone through [...]
Roda Named to National Cannabis Industry Association Hemp Committee
NORTH LITTLE ROCK, Arkansas (September 24, 2020) – The National Cannabis Industry Association (NCIA) named Dan Roda, CEO of cannabis financial technology firm Abaca, to its Hemp Committee. The mission of the committee [...]
Abaca Hires Joshua Shannon as Senior Developer, Promotes Sean Russell to VP of Technology
Cannabis financial technology firm Abaca announces that Joshua Shannon is joining the team as a senior developer. Shannon joins Abaca from Lindsey Software Systems where he was a senior software engineer. “It’s our mission to [...]
As it turns out, cash isn’t king
Surprising findings in an Abaca cannabis retail payments study Conventional wisdom holds that the cannabis industry is unbanked – that it’s nigh impossible to get a bank account and other traditional financial [...]
Cannabis Fintech Abaca Opens New Markets; Now Available in Ohio, Montana and North Dakota
Cannabis financial technology firm Abaca brings its full suite of financial services to the cannabis dispensaries, cultivators and product processors in Ohio, Montana and North Dakota. The company’s platform includes banking, merchant services [...]
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