Dama Financial

Cannabis wholesale platform LeafLink announced its Payment on Sell Through (PoST) on Thursday. What Happened: The new payment option for cannabis wholesale guarantees payments to brands as retailers pay for what they sell. This is LeafLink's third payment option available on the platform, alongside...

Dama Financial, a provider of access to banking and payment solutions for the cannabis industry, has agreed to acquire Candid AI - a digital e-commerce platform that makes personal product recommendations. The move comes on the heels of the acquisition of GrowFlow, a seed-to-sale software...

Cannabis supporters and companies have their fair share of drama around commerce and banking issues. And while the Senate Banking Committee's recent approval of the SAFER Banking Act was “a huge step forward in the right direction” that will help...

Patrick O’Boyle, CEO of Dama Financial, was a panelist at Benzinga’s Cannabis Capital Conference on Wednesday, September 27th. Dama Financial is a fintech company providing payment and banking solutions to the cannabis industry. Cannabis businesses can often struggle to find banks that...

“We are thrilled that the Senate Banking Committee has approved the SAFE Banking Bill,” said Boris Jordan, founder and chairman of Curaleaf Holdings, Inc. (OTCQX: CURLF), reflecting the sentiments of cannabis industry stakeholders following the historic approval of the...

Some two weeks after the Senate Banking Committee led by Ohio Senator Sherrod Brown (D), Committee Chair, heard testimony on the SAFE Banking Act, Dama Financial, a cannabis-focused fintech company, opted to amend its testimony, reported Marijuana Moment. Why? In her testimony earlier this...

As the Benzinga Cannabis Capital Conference returns to Miami (April 11-12), gathering top CEOs, investors and leaders in the marijuana industry, let's scroll through some executive moves from the first two months of 2023. Humble & Fume's New CEO Starting off with Humble & Fume...

As the Benzinga Cannabis Capital Conference returns to Miami (April 11-12), gathering top CEOs, investors and leaders in the marijuana industry, let's scroll through the latest leadership changes in the space. WeedTube Names New CEO Cannabis social media platform WeedTube has elected Maggie...

Dama Financial recently conducted a survey of operators across all cannabis-legal states regarding their concerns and struggles. When asked what business issues or challenges keep them up at night, more than half of respondents cited either robbery or employee safety as their top concern, while a...

Benzinga will be holding its annual Benzinga Global Fintech Awards, a day of dealmaking, networking, and recognition in the financial technology space, on Nov. 10, 2020. In recognition of those disruptive innovators creating positive and diverse change within the financial services space...

Fintech company Dama Financial has received approval from the Los Angeles Office of Finance to offer cannabis businesses a way to pay city taxes and licensing fees with cash. Previously, the option of cash payments had been suspended due to coronavirus. The All-Cash Problem Before the COVID-19...

Dama Technologies Inc. announced a strategic partnership Wednesday with Helix TCS (OTC: HLIX), a provider of critical infrastructure services to the legal cannabis industry. Dama Financial will facilitate the secure transfer of online payments within the Amercanex marketplace for wholesale cannabis...