Remove Community Remove Connecticut Remove Innovation Remove Taxes
article thumbnail

Bridging Banking Gaps For Cannabis Companies

PYMNTS

Thus, any number of new revenue opportunities open up for banks and credit unions, and Hart said community FIs need new deposits to survive — a goal common to any business. At the end of the day you still end up with a record-keeping system that can’t pass audit for tax and regulatory purposes,” he said. The government benefits, too.

Company 170