It’s time to consider cannabis banking.
The emerging legal cannabis industry brings growth potential, along with challenging operational demands and complex regulations. But cannabis banking doesn’t have to mean high-risk banking.
The legal cannabis market could be worth over $41B by 2025.
Congress is considering cannabis policy reform.
Numerous states are legalizing medical or recreational marijuana.
Cannabis-related businesses need access to financial services.
Shield Transact reduces cash transaction dependency with solutions for accounts receivables, point of sale (POS), and mobile payments.
Commerce enablement for compliant payments
Shield Engage facilitates new client application and underwriting between businesses and financial service providers in a simple, streamlined, and secure customer experience.
Informed client onboarding
Shield Assure enables daily AML/BSA compliance by providing activity alerts, automated report filing, and rich data analysis.
Daily compliance management
The Shield Data Hub combines and evaluates transactional data and demographic records with information from state and local governments, seed-to-sale tracking, and client accounting information to power compliance processes.