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Strengthening Cannabis Cash Management

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High-stakes Reality of Cannabis

Despite legalization in most states, cannabis remains illegal at the federal level under the Controlled Substances Act. As a result, many banks and credit unions hesitate to provide services to cannabis-related businesses, fearing federal penalties. 


 
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Effective Cannabis Cash Management

Cash flow is the lifeblood of any enterprise. In cannabis, it determines how smoothly a business can pay vendors, invest in inventory, and meet payroll obligations. Poor cash management not only threatens compliance but also limits the ability to expand or weather regulatory shifts.

 

 
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Building a Secure System for Cash 

Physical security remains the foundation of any cannabis cash management plan. Unlike most retail industries, cannabis operators face constant theft threats because of the perceived value of both the product and the cash on-site.
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Strengthening Cannabis Cash Management
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