Physical safety is also a concern that fintech startups are trying to address. The more banks that go online and enter the space, the safer the people involved in the industry will be. With Mastercard and Visa out of the game, newer software startups have stepped in to ensure that small and large cannabis retailers show transparency at each step. Simply moving customers from paper to a digital transaction platform helps a dispensary document their work and remain compliant with the federal government.
Designing Anew and Setting the Tone
Wading into the gray areas of cannabis banking requires these startups assemble a mixed team of experts familiar with both traditional cash
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