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News and publishing service
for cannabis related companies
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LimeLight of The week is
Dama Financial
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Dama Financial, through its bank partners, provides cannabis-related businesses (CRBs) access to transparent, sustainable banking and payment solutions. Using innovative technology, data and artificial intelligence, Dama exceeds the compliance and regulatory requirements for servicing CRBs, bringing legitimacy to the rapidly growing cannabis industry. Dama’s comprehensive and compliant financial framework offers CRBs the option to maintain cashless operations, reducing their exposure to security risks while improving their business efficiencies and operational focus.
Background
As successful fintech entrepreneurs, Dama’s founders have a proven track record of building companies that have removed the barriers that exclude unbanked categories from accessing the fundamental financial solutions necessary to thrive. During the past three years, Dama’s leadership team has turned its focus to addressing the challenges burdening the cannabis industry – the unbanked category of our time.
Company Highlights
- Provides access through bank partners to secure online, safe and convenient banking services for businesses in the cash-intensive cannabis industry
- Founded by banking and payments industry veterans experienced in building and scaling businesses
- Partnered with numerous financial institutions to help cash-intensive businesses reduce financial and safety risk, and run their businesses more efficiently
- Deposits held at partner banks are FDIC-insured up to $250,000 per account
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Featured Conference
Cannabis World Congress & Business Expo - Boston, MA - 10/24/19 to 10/26/19
The sixth annual Cannabis World Congress & Business Expo (CWCB Expo) is slated to take place at the Hynes Convention Center. Scheduled for October 24–26, 2019, this three-day business-to-business event is centered around legalized cannabis. Hosted in Hall A of the convention center, convention goers will enjoy workshops, addresses, presentations and an expo experience supported by industry-leading technology and services at one of the best located convention facilities in North America. And because the convention center is located in in the heart of Boston’s charming and historic Back Bay neighborhood, attendees have plenty of entertainment, eating and exploring options to fill their down time as well.
Upcoming Conferences
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About CannabisNewsWire (CNW)
CannabisNewsWire (CNW) is a multifaceted financial news and publishing company that delivers a new generation of social communication solutions, news aggregation and syndication, and enhanced news release services. Leveraging a professional team of journalists and writers, CNW introduces private and public companies to a wide audience of investors, consumers, journalists and the general public via social media and a rapidly expanding network of over 5,000 key distribution outlets. Cutting through information overload, CNW's innovative and proprietary systems clearly and succinctly deliver its clients much needed visibility, recognition and brand awareness. CNW is where news, content and information converge.
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