Cannabis Retailers Flocking To The Venmo of Cannabis
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Cannabis Retailers Flocking To The Venmo of Cannabis
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Cannabis banking has long been heavily regulated, but one company is weaving through the regulatory madness to create a service that delights both businesses and customers.
Here to tell us about it is Tyler Beuerlein of Hypur.
Learn more at https://www.hypur.com
Key Takeaways:
[1:25] An inside look at Hypur, a payment and banking technology platform for the cannabis industry
[1:51] Tyler’s background and how he got into the cannabis space
[6:27] Obstacles the cannabis industry has faced in payments and banking and how Hypur is working to overcome them
[10:32] Similarities between Hypur and Venmo
[17:13] How Hypur profits off merchants, banks, and credit unions
[19:44] Ways in which Hypur helps merchants market the service to customers
[22:13] How cannabis retailers can easily integrate Hypur into their point-of-sale software and delivery apps
[23:22] Success stories Tyler’s seen among Hypur clients and his advice to retailers interested in using the service