Helox - The ecosystem for Cannabis payments
The first Apple store approved mobile payment app strictly for the Cannabis industry.
Helox is a compliant, contactless bank to bank transfer payment platform and iPhone & Android app for all Cannabis license types that allows you to collect payments from your customers and vendors without using cash.
Monarch Tax Authority
Jurisdictional Taxation Compliance
Every Cannabis license holder needs to stay compliant with local and state tax calculations and remittance.
The good news is Monarch has a solution for jurisdictional tax processing. Monarch has developed the technology to calculate and process Cannabis tax payments to keep your business compliant to avoid penalties.
Cash Vault & Pickup Services
Monarch offer a variety of cash management services to meet your needs as a Cannabis facing merchant, financial institution or commercial customer. Through our network of armourd vehicles, Monarch can manage your currency inventories so that you only keep the denominations you need on site, while safely offloading larger cash volumes to either your direct financial DDA accout or a Federal Reserve location nearest to your location.
Agent & Sub-Agent Management
Sales Agents are a special breed of character, tenacity and grit. It’s take true consistency and persistence to close deals and growing their portfolios month over month. The Monarch Agent and Sub-Agent sytem is designed to provide marketing and sales tooks to shorten the sales cycle with incresing retention and commisions.
A Customized Banking & Payment Processing System for Your CBD or Cannabis Business
Our system can grow with your business. Monarch is a banking and payment processing solution for the legal 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.
Monarch is a Money Transmittal License holder as well as a certified Third Party Sender (TPS) with multiple financial institutions.
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
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.
Kentucky Gov. Signs Bill To Regulate Delta-8 THC
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Center for Medical Cannabis Research To Open at University of Utah
The University of Utah recently confirmed that it’s starting the early planning phases to build a Center for