Monarch Technologies Inc: Cannabis Banking Solution

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.

Monarch Technologies, Inc. is a fully licensed Money Transmittal Service Provider. Currently, we are operating as a Fintech services provider for the legitimate Hemp industry, serving businesses, governmental compliance entities, and consumers. 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. After analyzing and diagnosing the banking industry and practices, we identified the need to solve these issues with a compliance-driven SaaS platform.

The intention being to reduce the risks involved for Hemp/CBD business owners as well as for financial institutions to successfully underwrite, on-board and provide continued compliance and taxation services to farmers, growers, supply chain, distribution, wholesale, manufacturing and dispensary initiatives.

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