Before you begin banking cannabis, we ensure you’re ready by providing:
Before you onboard a CRB, we ensure they are ready by providing:
We provide ongoing transaction monitoring and support:
We’ll be there with you every step of the way at the line, management, and board levels. We are only as successful you are, so think of us an extension of your team.
Cannabis banking is somewhat complex, but solvable. When done right, it can provide a highly profitable source of new deposits. Preparing early has “first-mover” advantages.
|Sample Bank||Getting Started||Potential|
|Potential Cannabis Deposits||$10M||$100M|
|Existing Yield on Assets||5.5%||5.5%|
|Negative Cost of Funds (BP + Fees)||1%||1%|
|Gross Yield on Cannabis Deposits:||$650,000||$650,000|