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Monday, 12/07/2020 10:27:11 AM

Monday, December 07, 2020 10:27:11 AM

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When it comes to banking services in the US, the cannabis industry is one of the largest underserved sectors. This status quo is largely due to the fact that cannabis is still an illegal substance at the federal level. Since banks are regulated by federal laws, they tend to stay away from dealings with owners of marijuana-related businesses.

The industry was valued at close to $14 billion in 2019 and is expected to record tremendous growth in the coming years. Abaca is an American fintech that is keen on tapping this potential. In this article, we will look at how Abaca has structured itself to work with banks and entrepreneurs in the cannabis industry.

https://www.goabaca.com/

https://satoshifire.com/abaca?fbclid=IwAR1BPeBbo9oTWwFz-HV_4NyfRlyyxEa33-sGl2u_KShksqZrRplTw40I-XM