Tag: Banking in Hemp

Episode 9: Leann Hemenway I Cannabis Banking Product Manager with Herring Bank.

Leann discusses opportunities for growers in the Texas area states to bank with Herring Bank in this rough waters of finance and compliance surrounding the growing Hemp and Cannabis space in the United States. Merchant services are not always offered with Financial providers in the Hemp space so Leann tells us about how to work with them and their partnership with “KINDPAY” .

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Herring Bank began banking Cannabis-Hemp related businesses in April of 2019, with the goal of building lasting relationships.

Herring Bank is a privately-owned Bank, based in Amarillo Texas.  The Bank opened in 1899 and has been owned by the same family since its inception.