Revolutionizing Cannabis Finance: Green Check's Transformative Strides

In a remarkable display of growth and innovation, Green Check (GC), the leading fintech provider of financial services and industry insights in the cannabis market, has announced a series of remarkable achievements in the third quarter of 2024. From surpassing $1 billion in monthly cannabis sales deposits to expanding its network of financial institution clients and serving over 11,000 cannabis-related businesses (CRBs), GC's accomplishments underscore its unwavering commitment to empowering the cannabis industry with cutting-edge financial solutions and unparalleled compliance expertise.

Unlocking the Cannabis Industry's Financial Potential

Surpassing Billion-Dollar Milestone in Monthly Cannabis Sales Deposits

Green Check's network of over 170 financial institutions across the nation has reached a significant milestone, processing more than $1 billion in monthly cannabis sales deposits. This remarkable achievement not only showcases the company's ability to facilitate seamless financial transactions for the cannabis industry but also highlights the growing demand for compliant banking solutions. By expanding its client base to include new financial institutions in nine states, GC has solidified its position as the go-to fintech provider for cannabis businesses seeking reliable and secure financial services.

Empowering Over 11,000 Cannabis-Related Businesses

Green Check's industry-leading platform has become the trusted partner for an impressive 11,000 cannabis-related businesses, underscoring the industry's continued need for comprehensive financial and business services. This milestone underlines GC's ability to cater to the diverse needs of the cannabis industry, from small startups to established enterprises, by providing them with the tools, technology, and expert guidance necessary to navigate the complex financial landscape.

Forging Strategic Partnerships for Expanded Lending and Compliance Solutions

In addition to its impressive growth metrics, Green Check has also announced several strategic partnerships that further strengthen its position as the leading fintech connector in the cannabis industry. The company's collaboration with CTrust and Coda Capital has resulted in the introduction of new lending programs and innovative tools, exponentially expanding access to financing for cannabis businesses. Furthermore, GC's partnership with the North American Companies Council has led to the launch of an unprecedented cannabis 401(k) solution, with GC handling the critical compliance aspects of AML, FinCEN, and OFAC.

Enhancing the Cannabis Industry's Financial Ecosystem

Green Check's commitment to innovation is evident in the various product enhancements and new features it has introduced this quarter. The expansion of Green Check Access, a first-of-its-kind cannabis API, provides the industry with unified and normalized data, enabling actionable insights that drive informed decision-making. Additionally, GC has launched a new feature to facilitate banking for CRBs operating within sovereign nations, addressing a crucial gap in financial services available for the growing number of businesses on Indigenous lands.

Industry Accolades Validate Green Check's Transformative Impact

Green Check's remarkable achievements have not gone unnoticed, as the company has been recognized with multiple industry accolades. Being named to CNBC's World's Top Fintech Companies List 2024 and receiving the "Top Compliance Company" award at the PBC Awards for the third time are testaments to GC's unwavering dedication to compliance, innovation, and industry leadership.As Green Check continues to build on its strong growth trajectory through the remainder of 2024 and into 2025, the company's commitment to equipping financial institutions and cannabis-related businesses with the right tools, technology, and expertise remains unwavering. By fostering strategic partnerships, enhancing its product offerings, and earning prestigious industry recognition, GC is poised to drive the cannabis industry's financial transformation, empowering businesses and communities alike.