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This Week In Cannabis: Rescheduling Delays, The DEA, Biden's Clemency, Philip Morris' New Bet And More
Friday, January 17, 2025 - 2:31pm | 1074The cannabis industry continues to evolve amidst regulatory challenges, expanding markets and innovative product launches. This week’s updates span U.S. federal reform delays, Florida's renewed push for legalization, international developments in Europe, corporate acquisitions and cutting-...
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Green Check Teams Up With Kisan America, Will Provide Cash Management Solutions To Cannabis Industry
Thursday, December 5, 2024 - 10:14am | 443Cannabis-focused banking solutions provider Green Check is partnering with Kisan America, a provider of cash management solutions. This collaboration, announced Tuesday, aims to expand access to safe financial management systems for the cannabis industry. "In an industry that remains overwhelmingly...
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Cannabis Debt Looms For These Weed Giants: Here's How Some Tackled Their Financial Challenges
Wednesday, October 16, 2024 - 2:46pm | 987It's no secret that cannabis companies are facing some formidable challenges when it comes to raising capital, thanks to marijuana’s onerous classification as a Schedule I controlled substance under federal law. But now with potential changes on the horizon, such as cannabis rescheduling and...
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Cannabis Industry's $130B Growth Potential: Top States For Investment As Financial Institutions Set To Earn Billions In Interest Revenue, New Report Reveals
Tuesday, October 15, 2024 - 10:09am | 548A new report released on Tuesday projects that the U.S. cannabis industry will need between $65.6 billion and $130.7 billion in sustainable growth capital to support new cannabis businesses and help refinance existing ones over the next decade. The report from Whitney Economics and backed by CTrust...
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Cannabis Industry Set To Hit $32B In 2024, Says Economist, With Potential To Double In Coming Years
Monday, October 14, 2024 - 12:37pm | 419Beau Whitney, founder and chief economist at Whitney Economics, revealed that total retail sales for the cannabis industry are expected to reach approximately $32 billion in 2024, with the potential to double within the next few years. At the recent Benzinga Cannabis Capital Conference in Chicago...
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Green Check Surpasses $1B In Monthly Cannabis Sales Deposits, Expands Financial Network In Q3 2024
Tuesday, October 8, 2024 - 11:11am | 400Green Check (GC), a fintech company focused on the cannabis industry, has surpassed $1 billion in monthly cannabis sales deposits during the third quarter of 2024. This milestone reflects GC’s growing network, which now includes over 170 financial institutions and more than 11,000 cannabis-...
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EXCLUSIVE: How Green Check is Helping Indigenous Cannabis Businesses Get The Banking They Need
Tuesday, September 24, 2024 - 7:00am | 615Cannabis-focused fintech connector Green Check announced on Tuesday a new feature that enables access to banking services for licensed cannabis-related businesses (CRBs) operating within Indigenous communities. What Happened: CRBs with tribal licenses can now onboard seamlessly onto the Green Check...
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EXCLUSIVE: Can Data Fix Cannabis Banking? Green Check CEO Breaks Down The Solution (CORRECTED)
Wednesday, July 3, 2024 - 12:04pm | 768Editor’s note: This story has been updated to correct misspellings of the company names PayQwick and Komplyd. Kevin Hart, the founder and CEO of Green Check, spoke on the most recent episode of Cannabis Insider and said he has been essential in addressing the cannabis industry’s...
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EXCLUSIVE: Green Check, Brinks-Owned PAI Forge Partnership To Expand ATM Access For Cannabis Businesses
Tuesday, April 16, 2024 - 9:30am | 662In an onstage announcement at the Benzinga Cannabis Capital Conference on Tuesday morning, Green Check, a leader in fintech for the cannabis market, revealed its collaboration with Payment Alliance International (PAI), powered by Brinks (NYSE:BCO). This strategic alliance aims to offer robust,...
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AI-Powered Savings: How Green Check's New Collaboration Will Benefit Cannabis Businesses
Wednesday, March 20, 2024 - 2:27pm | 587Cannabis-focused fintech connector Green Check has partnered with Order.co, a procurement platform, welcoming it to the Green Check Connect Marketplace. This new collaboration will help cannabis operators cut costs, save time and improve procurement efficiency, the Florida-based company announced...
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Financial Relief For Cannabis As Green Check Adds Major Partners
Wednesday, February 21, 2024 - 12:20pm | 507Cannabis-focused fintech connector and technology and insights provider Green Check announced on Wednesday that Advocharge, Flex Payment Solutions, BitX and Distru have joined Green Check Connect, a cannabis business marketplace launched in January 2023. Green Check Connect allows all cannabis-...
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Automate Your Cannabis Business With Green Check And Meadow Integration
Tuesday, December 5, 2023 - 12:27pm | 422Cannabis-focused fintech connector and technology and insights provider Green Check announced on Tuesday that it is integrating with Meadow, an all-in-one point of sale (POS) system powering cannabis retailers in California, Michigan, Massachusetts, New Jersey and New York. What Happened...
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New Jersey Affinity Credit Union To Expand Cannabis Offerings Via Green Check
Tuesday, October 3, 2023 - 3:08pm | 396Green Check, a fintech provider of compliant cannabis solutions and services to financial institutions, has partnered with Affinity Federal Credit Union. This partnership empowers Affinity to grow its cannabis banking program and broaden its reach to the legal cannabis-related business (CRB)...
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Big Banks Are Finding New Ways To Partner With The Cannabis Industry
Friday, March 4, 2022 - 1:44pm | 811This article was originally published on Cannabis & Tech Today and appears here with permission. Banking in the cannabis industry can be difficult for a number of reasons. The first of which – cannabis’ status of illegality on a federal level – begets most of the other...
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Green Check Verified's CEO On Cannabis Regtech: 'Compliance Can't Simply Be Stated As A Mantra'
Thursday, March 14, 2019 - 11:02am | 1539Green Check Verified is a compliance platform that seeks to help cannabis businesses keep track of and share their compliance history in an attempt to strengthen and stabilize relationships with banking partners — which remain reluctant to service marijuana clients. The company's...