Financial strategies
Building a Cannabis Banking Eco-System with Terry Mendez
The cannabis industry is still operating within a cobbled-together financial system—one defined by workarounds, instability, and uncertainty. Most major banks remain unwilling to work with cannabis businesses due to the risk and compliance burdens associated with serving a federally illegal industry. In 2014, former Safe Harbor Financial CEO Sundie Seefried helped establish one of the […]
While Everyone Waits for 280E Relief, Smart Cannabis CEOs Are Creating Their Own
For years, cannabis executives have built their financial strategies around a single hope: that Section 280E would vanish with federal reform. But hope has quietly drained billions from balance sheets. Every year, operators “wait it out”; they forfeit the one thing they can’t afford to lose, cash flow. It’s an understandable reflex. No one likes […]