Money, Taxes & Banking

This page explains how ACH payments work for dispensaries, when they are allowed, and how they compare to card and cashless ATM systems.

This page explains whether banks can access METRC and how inventory tracking affects banking compliance.

This page explains what a SAR is and why cannabis businesses are monitored more closely by banks.

A $20 wholesale item is not a $10 profit just because you doubled the price. Real profit gets eaten by labor, rent, security, cash handling, payment fees, and 280E. This page shows the exact per unit math and a $500k monthly NY example so you can price and buy inventory without going broke.

Cannabis bank accounts can be closed due to compliance risk, ownership changes, cash activity irregularities, METRC mismatches, or sponsor bank exits. This page explains why closures happen and what they mean.

Cannabis banks monitor ownership, deposits, METRC alignment, investor disclosures, and compliance risk. This page explains the specific compliance triggers that cause cannabis banks to close accounts.

Cannabis is legal in New York, but it remains illegal under federal law. Because of that, New York cannabis operators are still subject to a wide range of federal rules enforced by agencies outside the cannabis program. These requirements affect banking, taxes, accessibility, marketing, payments, employment, safety, and risk exposure.

Cannabis merchant accounts can be terminated due to sponsor bank exits, network rule enforcement, chargeback thresholds, or compliance reviews. This page explains why shutdowns happen.

Cannabis is still federally illegal. Because it is Schedule I, Visa and Mastercard do not allow normal credit card processing for dispensaries. This page explains why this affects your dispensary, why Visa and Mastercard don't work, and why merchant processing is limited.