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.
Additional Information on CRB Banking