Aug 10 2022 18 mins 1
Cannabis entrepreneurs face a number of challenges with cash management while navigating a strict financial framework preventing most major banks from working with the cannabis industry. Passing the SAFE Banking Act would open doors for more financial institutions to assist cannabis operators, but will that immediately solve all of the industry’s payment processing problems? In this episode, Daniel Muller, CEO and Founder of Aeropay, explains how his company evolved from providing payment solutions to local businesses in Chicago to applying the same technologies to process compliant digital cannabis payments. He discusses how Aeropay differs from cashless ATM payments and shares his vision for the growing payments ecosystem and the rapidly evolving technology within the cannabis space.
