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Investing in Innovation: Exploring Cannabis Fintech Opportunities

The Potential in Cannabis Industry Finance The legal cannabis industry is one of the fastest-growing markets in the world, with spending projected to reach $47 billion globally by 2025. The need for tailored financial solutions has become increasingly clear as the industry expands. Complex regulations, limited access to banking services, and rapidly evolving consumer preferences

2024-07-31T19:47:00+00:00April 26th, 2024|Cannabis, payments, Technology|Comments Off on Investing in Innovation: Exploring Cannabis Fintech Opportunities

How Fintech Helps Cannabis Businesses in Streamlining Transactions

The legalization and decriminalization of cannabis across the United States have led to explosive growth in the cannabis industry. Once operating entirely in the shadows, cannabis businesses are now operating legally in many states and generating billions of dollars in revenue annually. However, federal prohibition has created challenges for these legitimate and licensed businesses. Specifically,

2024-08-01T11:55:50+00:00April 24th, 2024|Cannabis, payments, Technology|Comments Off on How Fintech Helps Cannabis Businesses in Streamlining Transactions

Are Tax Impounding Myths at the Point of Sale True or False?

In the dynamic and heavily regulated cannabis industry, tax compliance is a top priority. Yet, many myths surround the concept of tax impounding at the point of sale, causing confusion and missteps. As businesses strive to stay compliant while optimizing their operations, it's crucial to separate fact from fiction. Let's debunk the most common myths

2024-08-01T12:08:32+00:00April 22nd, 2024|Cannabis, payments, Technology|Comments Off on Are Tax Impounding Myths at the Point of Sale True or False?

Why Monarch is A Reliable Partner for Cannabis Compliance

Choosing technology partners is one of the most critical business decisions in the Cannabis sector. The wrong solution can derail your compliance, while the right one provides peace of mind and drives profitability. In this post, we explore how Monarch has become a trusted partner for end-to-end cannabis compliance. Built for Cannabis from the Ground

2024-08-01T12:15:47+00:00April 19th, 2024|Cannabis, payments, Technology|Comments Off on Why Monarch is A Reliable Partner for Cannabis Compliance

How CBD Compliance Changes The Landscape for Cannabis Businesses

The legal landscape for CBD products in the U.S. is in constant flux, challenging Cannabis businesses to keep pace. Behind the rapid growth sparked by the 2018 Farm Bill, there lies a labyrinth of changing regulations, testing standards, and labeling rules. Furthermore, each state has its stance on production, sales, and product allowances which adds

2024-08-01T14:52:22+00:00April 17th, 2024|Cannabis, payments, Technology|Comments Off on How CBD Compliance Changes The Landscape for Cannabis Businesses

Legal Cannabis and Taxation: A Monarch Overview

The legal cannabis industry is booming across North America, but navigating the complex taxation and compliance requirements can be a major headache for cannabis businesses. Monarch offers the ideal solution with its powerful cannabis tax software platform designed specifically for the needs of the industry. In this post, we'll provide an overview of cannabis taxation

2024-04-15T18:34:58+00:00April 15th, 2024|Cannabis, payments, Technology|Comments Off on Legal Cannabis and Taxation: A Monarch Overview

How to Boost Efficiency With Monarch’s Compliance Document Management

Cannabis businesses must meticulously track their activities and inventory to remain compliant and optimize taxes. With frequently changing regulations across different states, keeping accurate records is both critical and challenging. Monarch offers powerful document management capabilities purpose-built for the needs of the cannabis industry. The Compliance Burden of Records Management Meticulous record-keeping is required at

2024-08-01T15:05:37+00:00April 12th, 2024|Cannabis, payments, Technology|Comments Off on How to Boost Efficiency With Monarch’s Compliance Document Management

280E Federal Filing: A Comprehensive Guide for Cannabis Businesses

If you're in the cannabis business, you're no stranger to the myriad of federal and state regulations that control your industry. Section 280E of the U.S. federal tax code is the most important and least understood of all the red tape.  Let's pull back the curtain, shall we? Unravel the complexities, deconstruct the jargon, and

2024-04-10T17:31:05+00:00April 10th, 2024|Cannabis, payments, Technology|Comments Off on 280E Federal Filing: A Comprehensive Guide for Cannabis Businesses

How Money Transmittal Licenses Fuel Cannabis Growth

Ever find yourself wondering what the connection between the flourishing cannabis industry and money transmittal licenses is? If you're like many others out there, probably not that often. And yet such licenses play a pivotal role in this growing sector, providing a secure, compliant pathway for conducting financial transactions. As the cannabis industry continues to

2024-07-31T19:19:39+00:00April 8th, 2024|Cannabis, payments|Comments Off on How Money Transmittal Licenses Fuel Cannabis Growth

How Monarch’s Expertise is Helping Solve Cannabis Taxation Challenges

Navigating the complex world of cannabis taxation can be daunting for business owners in the cannabis industry. With evolving regulations and unique tax requirements, it’s no wonder that many cannabis businesses struggle to stay compliant while also maximizing their financial potential. Then comes Monarch – a Fintech company dedicated to providing banking solutions specifically tailored

2024-07-31T17:30:01+00:00April 5th, 2024|Cannabis, payments, Technology|Comments Off on How Monarch’s Expertise is Helping Solve Cannabis Taxation Challenges
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