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Re: Sports11 post# 2308

Wednesday, 10/09/2019 7:40:26 PM

Wednesday, October 09, 2019 7:40:26 PM

Post# of 20821
Well...:

Funny thing is they’ve had a burn rate that quadruples Blueline

That may be closer to 5 times. Their pre money is over ten times though(USD100 Million). You did not consider that.

Hypur doesn’t work with 50% of the FIs servicing MRBs


That's a grey area as in legitimate secure(no worry) large banking. I have read the data but I tend to agree with Tyler. This is very important here:



I mean...wow...over 30% are questionable and or terminated. Of that..26% have been terminated.

So as per the same source...I do question this...:

"493 banks and 140 credit unions were providing financial services to businesses in the marijuana industry as of March 2019"