Banking cannabis can be daunting.


With Dama on your side, it’s not. Country’s largest provider of banking and payments solutions for cannabis businesses


More than $3 billion processed


 banking associations:


Missouri Bankers Association American Bankers Association Illinois Bankers Association Michigan Bankers Association


Independent Community Bankers of America


Legal cannabis sales continue to soar, with U.S. revenue projected to surpass $28 billion in 2022. Despite the opportunity this poses to banks, many are reluctant to take on canna- bis clients. Some of that hesitancy is based on risk aversion, but much of it is because of a lack of resources, technology and industry expertise.


For banks interested in servicing cannabis operators, there are options that can help.


Dama Financial partners with banks to de- velop — and sustain — their cannabis pro- grams. We adhere to Cole Memo guidelines, follow all FinCEN and BSA/AML rules and stay current with state and federal regulations to ensure that you remain fully compliant. This - dently open your doors to hardworking busi- ness owners who desperately need access to banking to professionalize their operations.


Be Part of the Solution


 community looks like, and the reality is that state-legal cannabis has become an integral part of most communities. Like all cash-inten- sive industries, choosing to service cannabis is a risk-based decision. Providing services to local operators will not only increase your revenue, it also will strengthen your com- mercial relationships, generate goodwill and greatly improve public safety by reducing the amount of cash in the ecosystem.


Michelle Sullivan 


 650-554-1607


Michelle@damaone.com 


Advertorial Boost Customer Retention


When you service cannabis customers transparent- ly, you let them operate freely without fear of having their accounts shut down, which is a constant source of stress for many who currently operate in the shadows. That peace of mind goes a long way toward building customer loyalty, as well as positive word of mouth.


Why Choose Dama?


With more than $3 billion processed, Dama Financial is the country’s largest provider of banking and payments solutions, serving customers in half of the cannabis-le- gal states. Everything we do is transparent, compliant and secure, and no other company comes close to our level of expertise — or to the depth of our relationships with banking and payments regulators. We helped write an amendment to strengthen the Safe Banking Act, and we frequently serve as experts to current and past administrations, as well as to members of the Senate Banking Committee. Simply put, we are respected and trusted across the industry.

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