Browsing CategoryBusiness

Nuvo Payment Processing for Hemp – Company Review

Nuvo Company offers payment processing services to businesses in various industries, including the hemp industry. They have an extensive, continuously-growing combined client base with over 4,000 merchants. Nuvo LLC offers merchant accounts for manufacturers, wholesalers,…

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DAMA Financial Review

Dama Financial is a cannabis-centric bank that provides financial services for businesses in the cannabis industry. Up until the end of 2019, it was nearly impossible for cannabis businesses to legally obtain financial services within…

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Grants for Hemp Businesses

Recently, the United States Department of Agriculture (USDA) approved nearly $1 million in grants for organic hemp production. This will serve as a stimulus for the cultivation of high-quality, organic hemp in the U.S. Previously,…

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Entity Selection for Hemp Businesses

Entity selection is a vital component when setting up a hemp business. Also known as choice of entity, Entity selection involves finding the right structure for your hemp business. This will solidify how your operations…

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How To Start A Hemp Business

Before starting a hemp business, you will need to weigh the pros and cons just as you would with any other business venture. That being said, one thing is unique to the hemp industry, and…

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Funding for Hemp Businesses

Funding for hemp businesses is one of the biggest issues that business owners have to deal with when setting up a hemp venture. Even though hemp businesses are capital intensive, most financial institutions are skeptical…

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Loans For Hemp Businesses

As the world continues to open up to the hemp industry, hemp farmers are getting happier because now they can easily acquire loans for their businesses. Large-scale hemp cultivation is a capital intensive venture. As…

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Banking for Hemp Businesses

In 2019, U.S. federal agencies did away with the requirement to have banks submit a suspicious activity report (SAR) when dealing with hemp businesses. As a result, the metaphorical wall between the banking world and…

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