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Although cannabis businesses are legal at the state level, they often face difficulties with regards to banking and processing payments. Because the industry is heavily regulated, total transparency is necessary for these startups and their financial transactions. Unfortunately, most traditional banking institutions don’t have the systems in place to meet such standards.
Fortunately, Paybotic has years of experience handling high-risk merchants, and the combination of our knowledge and technology allow us to provide high-quality banking solutions for cannabis companies.
Thanks to Paybotic’s cannabis bank compliance solutions, state-legal cannabis businesses can work with us to streamline their financial transactions and ensure compliance along the way.