Member Exclusive, Payments

The $61 billion cannabis industry is getting its first dedicated digital payments platform

  • Valley Bank unveiled plans for Valley Pay at Money 20/20 earlier this month, with aspirations to migrate cannabis business’ cash usage to a secure, web application.
  • The platform operates as a digital wallet, seeking to serve cannabis dispensaries, growers, testing labs, armored car services, wholesalers, and other CBD/hemp businesses.
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The $61 billion cannabis industry is getting its first dedicated digital payments platform

 


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