Green Check (GC), a fintech provider of financial service solutions and industry insights in the cannabis market, announced a series of milestones and achievements in Q3.
This quarter, GC surpassed $1 billion in monthly cannabis sales deposits for its network of more than 170 financial institutions across the nation, including adding new financial institution clients in nine states. Additionally, GC exceeded 11,000 cannabis-related businesses (CRBs) served on its platform, highlighting the industry’s continued need for cannabis-friendly financial and business services.
More milestones from this quarter include new partnerships, such as CTrust and Coda Capital, which combine new tools, innovative lending programs, and expert resources to exponentially expand access to lending for cannabis businesses. Additionally, GC entered into a partnership with The North American Companies Council to launch a cannabis 401(k) solution, of which GC is handling AML, FinCEN, and OFAC compliance.
GC also announced various product enhancements and new features, such as expanding Green Check Access, a cannabis API offering access to unified and normalized data from often-disparate sets to provide actionable insights to the cannabis industry. Most recently, GC launched a new feature to facilitate banking for CRBs operating within sovereign nations, helping to address a crucial gap in financial services available for the growing number of CRBs on Indigenous lands.