Benefits of Banking Maine’s Cannabis-Related Businesses

  • Safe Neighborhoods
    When cash is kept off the streets, our communities stay safe.
  • Secure Workplaces
    Employees stay safe when cash is stored in credit unions and banks.
  • Tax and Fee Collections
    Compliance software facilitates accurate record keeping.
  • Reinforces Legal Activity
    Regular reporting of business practices ensures compliance with local and state law.
  • Helps Law Enforcement
    By taking cash off the streets, the opportunity for theft and violent robbery is reduced allowing law enforcement to focus on other crime.
  • Supports State and Local Government
    Providing financial services increases tax compliance, both in sales and income tax, which in turn helps local schools and other services in the community.