If you are looking to start a CBD business, or are looking to set up an account for your existing CBD business, you do need a separate CBD bank account. Something you may not realize when you first start off your cannabis business is that your banking works a little differently when you have this specialty business. This being the case, it is important to find the right financial partner for your business needs, as many financial institutions won’t allow hemp-related business banking because they may be reluctant to work with any hemp-related businesses or may have regulations against doing so.
At Florida Capital Bank, our team of banking specialists has detailed knowledge about CBD banking, as there are many legal and regulatory requirements and regulations pertaining to hemp-related businesses that must be adhered to. You can be sure that our team is constantly keeping an eye on these regulations and making sure that your business will always be compliant. We believe that CBD and hemp-related businesses also need the best banking solutions for their business, and that is why we offer a variety of options, to make sure you are getting exactly what your business needs.
Whether your business is just starting off, or you have been enjoying a successful CBD business venture for a while, it is important to make sure that you have the best banking solutions for your business. It is also important to make sure that all of the steps you are taking for your business are legitimate and legal, particular when it comes to finances. By setting up a separate CBD bank account at a financial institution like Florida Capital Bank, you can ensure that your business is always legitimate and you are always in the know when it comes to any updates or changes in your banking regulations.
Looking to set up your CBD bank account?
As a CBD business owner, we will work with you to make sure your business is always in compliance with our policies and federal, state, and local regulations. A cannabis business with proper banking solutions will have a better chance of success, and we want to help you get there. We understand the struggles of running a business strictly by cash.
FLCBank is a leader in the banking industry focusing on solutions for the financial well-being of businesses and their owners, including those in the cannabis industry. We are a nationally chartered bank headquartered in Jacksonville, Florida with full-service branches located in Gainesville, Orlando, and the Tampa Bay area, and Jacksonville.
For more information visit our hemp and CBD banking page.