• Cannabis Retailers Flocking To The Venmo of Cannabis

  • May 16 2022
  • Length: 37 mins
  • Podcast

Cannabis Retailers Flocking To The Venmo of Cannabis

  • Summary

  • Cannabis banking has long been heavily regulated, but one company is weaving through the regulatory madness to create a service that delights both businesses and customers.

    Here to tell us about it is Tyler Beuerlein of Hypur.

    Learn more at https://www.hypur.com

    Key Takeaways:

    [1:25] An inside look at Hypur, a payment and banking technology platform for the cannabis industry

    [1:51] Tyler’s background and how he got into the cannabis space

    [6:27] Obstacles the cannabis industry has faced in payments and banking and how Hypur is working to overcome them

    [10:32] Similarities between Hypur and Venmo

    [17:13] How Hypur profits off merchants, banks, and credit unions

    [19:44] Ways in which Hypur helps merchants market the service to customers

    [22:13] How cannabis retailers can easily integrate Hypur into their point-of-sale software and delivery apps

    [23:22] Success stories Tyler’s seen among Hypur clients and his advice to retailers interested in using the service

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