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 this accomplishment, we strive to challenge our assumptions and bring to the table not only viable, but formative solutions to help our cannabis clients operate more effectively through a big pain point: compliant financial services for the cannabis industry.
Here’s a look at what we’ve learned and our biggest tips to folks starting out in the industry:
Our team at Abaca looks forward every day to coming to work and fueling the growth of the industry. As we grow and learn more, we continually develop tools with you in mind. Get in touch with us now and let us know how we can help you take your business to the next level.
Do you own a hemp, CBD, dispensary, marijuana, or cannabis business and need a business bank account? We’ve validated over $8 billion dollars in cannabis-related funds since 2015. Bank with confidence. Bank with Safe Harbor Financial today.Open Your Account