Monarch is Banking & Payment Processing Solution for Cannabis Industry

Monarch is Banking

To the Hemp, CBD and Cannabis Industries.

A Customized Banking and Payment Processing System for Your CBD or Cannabis Business

Your system can grow with your business. Monarch is banking and payment process solutions for the cannabis industry. One reason why many cannabis businesses fail isn’t due to a lack of business acumen, but rather, a failure to keep up with the compliance regulations governing the industry.

Compliance.

Compliance requirements are confusing and changing on a regular basis within the Hemp/CBD landscape. The Monarch Platform helps you to understand and be in compliance at a state and federal level. From client and merchant on-boarding to on-going compliance document management, Monarch is your one-stop, integrated platform for real-time compliance monitoring and audit assistance.

Taxation.

From sales tax calculations, impounding at the point of sale to 280e federal filing requirements, Monarch provides the mechanisms to properly handle your taxation requirements in real-time instead of being dependent on costly state and feral fines for inaccurate reporting and tax submissions.

Commerce.

Monarch integrates a variety of payment options that suite your business model. From debit card, credit card, virtual accounts, ACH, wires and Escrow services. The Monarch Platform provides multiple types of open and closed loop possibilities to capture, store and transport your funds between your financial institution, your clients and your vendors.

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OPTIMAL SOFTWARE, NO WORRYING

CBD, Hemp & Cannabis Banking Solution

Growth Explosion has erupted in the Hemp space. A high degree of opportunity exists in this industry. The banking system is extremely slow to adopt. The Monarch platform will assist these banks in building deposits by allowing fully licensed Hemp/CBD farmers, growers, supply chain, distribution, wholesale, manufacturing and dispensary initiatives to open DDA accounts for legitimate business and cash management services.

ON DEMAND, CROSS PLATFORM, CROSS USER

Multi-State Compliance

Many state and federally chartered financial institutions are now just starting to put process and policy in place for boarding certain sectors of the Hemp industry. After talking to over a dozen banks in multiple states, it is clear that the need for a central underwriting, compliance and on-boarding platform is welcomed. Currently these banks and credit unions don’t have the required platform in place to handle the needs of the Hemp industry. The Monarch platform seeks to provide the needed solutions for these banks to be able to board these merchants in an easy to use, compliant and scalable fashion.

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100% Secure

We’ve developed a proprietary business banking compliance platform called Monarch. Monarch was built after years of industry research from client frustration and misunderstanding of how to handle compliance, taxation and payments in the Hemp/CBD industry.

Our Platform

Our ERP platform allows Financial Institutions, merchants, growers, farmers, labs logistics and dispensary business owners process, insight and strategic data to help them too better manage the daily operations of their business.

Industry Focused

The Monarch platform will assist these banks in building deposits by allowing fully licensed Hemp/CBD farmers, growers, supply chain, distribution, wholesale, manufacturing and dispensary initiatives to open DDA accounts for legitimate business and cash management services.

Monarch Professional

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Grand Jury Slams Santa Barbara Officials for Cannabis Industry Regs
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Grand Jury Slams Santa Barbara Officials for Cannabis Industry Regs

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