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About Canna Paid

The Canna Paid business model is designed to serve the dispensary owners with a competitive and standard retail banking solution, along with scalability to provide more unique offerings and services. These unique supplements stimulate a best practices culture with employees, wholesalers, and customers.

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The Green Problem

Tetrahydrocannabinol (THC) purchases are considered a high risk transaction. Traditional and major card brands including Visa, Mastercard, American Express & Discover are prohibited through most processing banks and processors because of high chargeback liability and federal regulations.

The Green Solution

Due to federal regulations, traditional credit card transactions for THC at the dispensary level have not existed until now. Canna Paid utilizes a unique and proprietary compliance technology which enables consumers to swipe their credit cards in the same way they do at any other store. This transaction process meets all necessary AML/BSA and FinCen as well as KYC and KYCC mandates. Additionally, this also creates a protective barrier for chargebacks which helps to secure the transaction as well as the merchant from liability.

Opportunity Highlights:

The Canna Paid business model is designed to serve the dispensary owners with a competitive and standard retail banking solution, along with scalability to provide more unique offerings and services. These unique supplements stimulate a best practices culture with employees, wholesalers, and customers.

Traditional electronic banking solutions,

merchant services that include ACH and wire capabilites

Credit card check out

that allows customers to tip their Budtenders, encouraging the frontline staff to provide higher levels of customer service

Marketing & social media content

designed to be repurposed for your dispensary to educate customers on industry topics

Newsletter

with industry updates – including laws and education

Strategies

for how to run a better organization including tips from the frontline as to what is effective in other dispensaries within the cannabis community

Interested?

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Our Works

Current commerce solutions have limits that hinder the retailers’ ability to maximize the sale.Canna Paid controls these limits and therefore has a unique ability to offer a significant solution to increase sales

Canna Paid provides a full customer service solution for retailers and their customers – one that contributes a reliable and credible support center to address any banking related issues.

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