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Ancillary Marijuana Businesses Can Avoid Banking Hurdles by Turning to Smaller Financial Institutions

An article published by Marijuana Business Magazine about challenges marijuana businesses face when looking for a cannabis business bank account quoted Tyler Beuerlein, Hypur’s Chief Revenue Officer. 

“Some larger regional institutions are actually targeting those (ancillary) operators. They don’t want to bank plant-touching operators, but they’re actively looking to increase their deposits, so this is an attractive way for them to do that.” Tyler Beuerlein, Chief Revenue Officer, Hypur Inc.

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