About Abaca

About company

Abaca partners with banks to unlock business accounts, payments, and lending for the legal cannabis industry. It is at the crossroads of FinTech, RegTech, and the legal cannabis and hemp/CBD industries. We partner with community banks and other financial institutions to offer commercial deposit accounts, merchant services, treasury management, and lending to cultivators, dispensaries, product processors, and ancillary cannabis and hemp businesses. The company has live with multiple financial institutions and cannabis business customers across Arkansas, Oklahoma, Missouri, Illinois, and North Dakota for cannabis. Abaca's hemp and lending operations lived in most regulated markets across the country.