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Abaca’s periodic e-newsletter showcasing the latest news and analysis about the cannabis industry

$1 Billion in Cannabis Commerce

August 24th, 2021|

Abaca started in 2017 as an idea on a whiteboard with a simple goal: to solve cannabis banking and normalize financial services for the cannabis industry. Recently, we surpassed a major milestone: $1 [...]

Cannabis Cash Steps Into Digital Future

April 21st, 2021|

NORTH LITTLE ROCK, Apr 21, 2021  -- Cannabis financial services provider Abaca has partnered with Staley Technologies and CIMA to digitize one of the last remaining analog aspects of the industry - cash management. [...]

You pay an extra 10% when you pay your taxes in cash

April 20th, 2021|

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

March 22nd, 2021|

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

February 13th, 2021|

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 [...]

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