Merchants & Marine Bank Has launched CannaFirst Financial, a new banking division for business owners in Mississippi’s cannabis industry.
CannaFirst will support customers in the areas of platform integration, online and mobile banking, cash transport and treasury solutions.
It is overseen and staffed by experienced banking professionals with extensive experience and certifications in emerging markets and industries.
The new The division will serve a broad spectrum of cannabis business owners, including dispensaries, growers, testing labs, armored car services, wholesalers and retailers.
The business owners will work with CannaFirst’s dedicated banking team Cover topics such as integrating transaction and deposit platforms, increasing mobility in digital banking, recording, evaluating and reporting account activity, securing cash movement and establishing a relationship with the Treasury.
“Merchants & Marine Bank has been a dedicated partner to the business owners of our regions for more than 100 years”, Clayton Legear, President and CEO of Merchants & Marine Bank, said. “You achieve a legacy of this kind by being mindful of the changing dynamics of the communities you serve and by making banking services available to entrepreneurs who are capitalizing on new opportunities in the marketplace. CannaFirst directly reflects this philosophy and we are very proud to extend our financial expertise to this burgeoning industry.”
Photo: Courtesy of Nikolay Frolochkin and ganjaspliffstoreuk from Pixabay
