On September 12th, Hawaii’s governor, David Ige, announced the creation of a cashless financial institution that finally allows the Hawaiian cannabis industry to go cashless. This breaks the industry’s reliance on cash-only transactions, putting the cannabis industry at the same level of every other industry in the United States. According to the governor’s press release, “[Hawaii] has secured the services of Colorado-based Safe Harbor Private Banking that will provide limited and temporary financial services for Hawai‘i’s cannabis dispensaries. CanPay, a debit payment mobile application, … Continue reading Hawaii becomes 1st state to create cashless solution for cannabis industry