Banking is a huge challenge for this nascent industry. Anyone in the industry has heard the stories about (or has experienced themselves) bank accounts getting shut down. When you're a startup, handling the headache of banking is just another hurdle you don't have time for. This week, we're chatting with MediPays (soon to be Abaca) about their solution to the banking problem for both licensed and ancillary cannabis companies. So far, the team has launched web banking, is live with operators on their platform and has $5M in deposits. Listen to their journey into the CanopyBoulder program and the world of cannabis entrepreneurship.
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Get more info on the team at https://www.medipays.com/
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Get more info on CanopyBoulder at canopyboulder.com