About Fincann
Fincann: The Leading Provider of Compliant, Transparent, and Sustainable Cannabis Banking and Financial Services
Fincann is a leading provider of compliant, transparent, and sustainable cannabis banking and financial services. With over 125 U.S.-based institutions in its network, Fincann offers a wide range of financial solutions to cannabis businesses across the country.
At Fincann, we understand the unique challenges that cannabis businesses face when it comes to banking and financial services. Due to federal regulations that classify marijuana as a Schedule I drug under the Controlled Substances Act (CSA), many banks are hesitant to work with cannabis businesses for fear of violating federal law.
However, this lack of access to traditional banking services can create significant problems for cannabis businesses. Without access to basic financial services like checking accounts or credit card processing, these companies are forced to operate on a cash-only basis. This not only makes them vulnerable to theft but also makes it difficult for them to pay taxes or invest in their own growth.
That's where Fincann comes in. We offer compliant banking solutions that allow cannabis businesses to operate safely and securely within the bounds of state law while still adhering to federal regulations. Our network includes banks that have been specifically vetted for their willingness and ability to work with cannabis-related companies.
In addition to our core banking services, we also offer merchant processing solutions that allow dispensaries and other cannabis-related businesses to accept credit card payments from customers. This not only makes transactions more convenient for customers but also helps these companies build trust with their clients by offering secure payment options.
At Fincann, we're committed not just to compliance but also sustainability. We believe that responsible business practices are essential for building a thriving industry over the long term. That's why we work closely with our partner banks and other stakeholders in the industry on initiatives like energy efficiency programs or waste reduction efforts.
If you're looking for reliable banking or financial services for your cannabis business, Fincann is here to help. Our team of experts can help you navigate the complex regulatory landscape and find the solutions that work best for your unique needs. Contact us today to learn more about how we can help you grow your business while staying compliant and sustainable.