Helping Industries Ignored by Traditional Tech Providers - Tyler Beuerlein of Hypur
TRICHOMES The High Ground
English - October 08, 2020 11:30 - 27 minutes - 37.9 MBNews Society & Culture cannabis cannabisculture cannabisnews marijuana marijuananews potcast trichomes Homepage Download Google Podcasts Overcast Castro Pocket Casts RSS feed
It’s regularly reported that there are over 600 Banks working with the Cannabis industry, but the real number is likely under 50. Lack of banking is a source of real problems for the Cannabis industry and there are reasons to doubt that a true remedy is even possible without Federal legalization. Take this in fact, we recently talked to financial experts who said that even if it does pass, it'll still likely fall short of its goal of bringing in the major players. But in the meantime, many cannabis businesses do have options besides paying in cash.
Tyler Beuerlein is the Chief Revenue Officer of Hypur, which specializes in high risk markets that banks can't or won't touch. Hypur works with banks to process electronic cannabis payments as well as council financial institutions interested in entering the space.
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