Cannabis Industry’s Leading FinTech Connector Grows Platform, Announces Strategic Partnerships, New Product Features, and Impactful Awards
BONITA SPRINGS, Fla., Oct. 8, 2024 (Globe Newswire) — Today, Green Check (GC), a leading fintech provider of financial services solutions and industry insights in the cannabis market, announced Announced a series of milestones and achievements. reflects strong growth and continued momentum into 2024.
This quarter, GC generated more than $1 billion in monthly cannabis retail deposits with a network of more than 170 financial institutions across the country, including new financial institution customers in nine states. Additionally, GC serves more than 11,000 cannabis businesses (CRBs) on its industry-leading platform, highlighting the industry’s continued need for cannabis-friendly financial and business services. .
“We are excited about what we accomplished this quarter and look forward to the opportunities ahead,” said Green Check Founder and CEO Kevin Hart. “Our growth highlights the need for CRBs to be connected with the right financial and business service providers, while the expansion of our financial institution base demonstrates the demand for compliant banking solutions. Through every partnership and product update, we are committed to providing financial institutions with the capabilities they need.” CRB has the right tools, technology, and team to succeed in the industry and positively impact our communities. can be given. ”
Some of the more notable milestones this quarter include impactful new partnerships such as CTrust and Coda Capital. They combine new tools, innovative financing programs, and specialized resources to dramatically expand access to financing for cannabis businesses. Additionally, GC has entered into a partnership with the North American Corporate Council to launch an unprecedented cannabis 401(k) solution, of which GC is responsible for AML, FinCEN, and OFAC compliance.
GC also announced expansions such as Green Check Access, a first-of-its-kind cannabis API that provides access to integrated and normalized data from often disparate sets to provide actionable insights to the cannabis industry. , also announced various product enhancements and new features. Most recently, the GC introduced new capabilities to facilitate banking operations for CRBs operating within sovereign nations, helping to address critical gaps in financial services available to the growing number of CRBs on Indigenous lands. .
Finally, GC has also won several major industry awards, including being named to CNBC’s World’s Top FinTech Companies List 2024 and named “Top Compliance Company” for the third time at the PBC Awards.
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With new partnerships, product news, major industry awards and more, GC continues to build on its strong growth trajectory through the remainder of 2024 and into 2025. To learn more and see company news, visit greencheckverified.com.
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About green check
Green Check (GC) is modernizing the way cannabis businesses and financial institutions work together. Founded in 2017 by a team of technology, banking, and regulatory experts, GC provides industry-leading technology, advisory services, and data-driven insights to more than 170 financial institutions and 11,000 cannabis companies. . Green Check was included in Forbes’ Cannabis 42.0 list in both 2024 and 2023, recognized by CNBC as one of the world’s top fintech companies, and named a game changer in the cannabis industry in the 4th annual The Cannabis 50. Selected as one of the top 50 companies. We have been repeatedly recognized as a Top Compliance Company and a Top Compliance Leader by the PBC Awards, the cannabis industry’s highest honor. Additionally, we were recognized as a top financial technology by Green Market Report and named one of the Best Companies to Work for in FinTech in 2022, 2023, and 2024 by American Banker. To learn more about Green Check, visit greencheckverified.com and follow GC on LinkedIn.
Contact: Angie Lufrano Caliber Corporate Advisors greencheckverified@calibercorporate.com
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