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So far Thoma Thoma has created 28 blog entries.

Understanding SOX 404 and How it Affects Your Cannabis Business

2022-05-19T19:57:57+00:00

Not a 404 Error: Understanding SOX 404, How it Works, and How it Affects Your Cannabis Business As operators tread through the miles of red tape and perilous regulatory landscapes that make up the U.S. cannabis industry, many confront questions and concerns as they plot their futures, especially when it comes to putting together [...]

Understanding SOX 404 and How it Affects Your Cannabis Business2022-05-19T19:57:57+00:00

Abaca and AeroPay Enable Missouri Cannabis Delivery

2022-03-16T16:39:50+00:00

Medical marijuana delivery in Missouri is legal and convenient for patients, except for one major snag: state law requires delivery transactions to be prepaid BEFORE they can leave the dispensary. For an underbanked industry like cannabis, this presents a significant hurdle, but one that’s now been conquered by Abaca, the complete cannabis financial [...]

Abaca and AeroPay Enable Missouri Cannabis Delivery2022-03-16T16:39:50+00:00

$1 Billion in Cannabis Commerce

2022-05-19T19:58:03+00:00

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 billion in compliant cannabis transactions processed. That’s a lot of happy patients, customers, operators and suppliers.  As we reflect on [...]

$1 Billion in Cannabis Commerce2022-05-19T19:58:03+00:00

Three Must-haves for 4/20

2022-05-19T19:58:26+00:00

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. With the spring season budding and Willie Nelson's birthday on the horizon, 420 is the apex of what has come [...]

Three Must-haves for 4/202022-05-19T19:58:26+00:00

2020: A year of cannabis accomplishments

2022-03-11T22:00:51+00:00

2020 … was a year that many would prefer to forget. But through it all, 2020 was a groundbreaking year for the cannabis industry. Despite the environment, cannabis thrived. When it comes to retail, by and large we were the lucky ones in 2020. There is a lot to reflect on. Here are [...]

2020: A year of cannabis accomplishments2022-03-11T22:00:51+00:00

Abaca Announces Merchant Services for Hemp and CBD Businesses

2022-05-19T19:58:43+00:00

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 three credit card processors – not by his choice. “One pulled the plug on me over the weekend. One said [...]

Abaca Announces Merchant Services for Hemp and CBD Businesses2022-05-19T19:58:43+00:00

Green Wednesday and the Holiday Rush

2022-03-15T19:48:49+00:00

We made it … almost. 2020 is heading into the holiday season and that means holiday shopping, starting with Green Wednesday on November 25. Green Wednesday, which occurs on the day before Thanksgiving, sees a 40% boost in sales according to Headset’s data. Green Wednesday isn’t just Fall’s 420 though. [...]

Green Wednesday and the Holiday Rush2022-03-15T19:48:49+00:00

Roda Named to National Cannabis Industry Association Hemp Committee

2022-05-19T19:58:47+00:00

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 is to promote, advocate and educate on the specific concerns and issues surrounding hemp. NCIA committees are an opportunity for [...]

Roda Named to National Cannabis Industry Association Hemp Committee2022-05-19T19:58:47+00:00

Abaca Hires Joshua Shannon as Senior Developer, Promotes Sean Russell to VP of Technology

2022-05-19T19:58:51+00:00

Joshua Shannon, Abaca's Senior Developer. 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 deliver enterprise-class financial services to the entire cannabis industry,” said Abaca CEO [...]

Abaca Hires Joshua Shannon as Senior Developer, Promotes Sean Russell to VP of Technology2022-05-19T19:58:51+00:00

As it turns out, cash isn’t king

2022-05-19T19:58:56+00:00

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 services for cannabis operators. After all, the data show only about five percent of U.S. banks report any cannabis customers, [...]

As it turns out, cash isn’t king2022-05-19T19:58:56+00:00

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