Cogent Bank has diversified its products and services lineup by launching four new teams focused on cannabis banking, blockchain-enabled companies, premium finance lending, and public finance. The full-service commercial bank considers its efforts to support these client-focused niches as an investment in the future of banking.
“Cogent Bank continues to expand our personalized services to meet the unique needs of each business,” said Brandon Box, Cogent’s Southwest Florida market president. “Growing into different, innovative, and diversified verticals allow our seasoned bankers to drive results for our clients.”
For instance, Cogent plans to work with the high-growth cannabis market to provide banking solutions to growers, manufacturers, distributors, dispensaries, and other related industries and professionals. The company leaders’ years of experience, coupled with the board of directors and regulatory support, will provide the required knowledge to serve the unique challenges of cannabis-related businesses, Cogent reports.
The bank also has a grasp of the risks, dynamics, fund flows, decentralized organizations, blockchain integration, protocol development, and evolving regulatory landscape behind blockchain-based payments that are crucial to client success in this vertical.
To read the complete article, go to www.gulfshorebusiness.com
Announcements
Job Offers
Top 5 -yesterday
- How cannabis cultivators can adapt to industry retrenchment
- Best practices: a construction checklist for cannabis companies
- Thai cannabis growers confused by legal smoke and mirrors
- More than 100 full spectrum designs for plants in wide range of wavelengths
- US (NY): Upstate cannabis farmers harvest crop - waiting for next steps
Top 5 -last week
- Switzerland: “Classical music and hip hop promotes our cannabis plants’ growth and CBD production”
- "Phototoxic pesticides give cannabis producers a new route to differentiation"
- "The suffering cannabis market": tips on how to maximize profit
- “We simply let Mother Nature create unique cannabinoid and terpene profiles”
- “It solves two common challenges growers have: space and performance”
Top 5 -last month
- “F1 hybrid seeds will replace clones as the preferred cannabis starting material”
- Switzerland: “Classical music and hip hop promotes our cannabis plants’ growth and CBD production”
- "Phototoxic pesticides give cannabis producers a new route to differentiation"
- US (CA): “We are close to the second harvest in our 1.5 million square feet expansion, ahead of schedule”
- "As advanced and automated as everything is, we are not able to remove that human element"
Cogent Bank expands services to include cannabis
Publication date:
Receive the daily newsletter in your email for free | Click here
Other news in this sector:
- 2022-09-30 Xebra to receive cannabis authorizations from Mexican FDA imminently
- 2022-09-29 Real Brands signs definitive agreement for acquisition of Boulder Botanical & Biosciences Laboratories
- 2022-09-29 US (NV): Cannabis testing company may lose license for falsely inflating THC levels
- 2022-09-29 CAN: One of Quebec's largest indoor growers expands cannabis offering
- 2022-09-29 Winnipeg-based CEL Group joins Madison Industries
- 2022-09-29 CHP systems offer growers more flexibility
- 2022-09-28 Trulieve launches Khalifa Kush Cannabis in Florida through exclusive partnership with Wiz Khalifa
- 2022-09-28 Smart irrigation collaboration results in new grower-trained watering technology
- 2022-09-28 Company plans first shipment of medical cannabis to Germany
- 2022-09-28 Canopy Growth announces divestiture of Canadian retail operations
- 2022-09-28 US (MI): Hero Technologies executes purchase agreement to buy land for cannabis operations
- 2022-09-28 US (WV): $600,000 loan for medical cannabis grower's expansion
- 2022-09-27 Innovation Agri-Tech Group appoints plant scientist and molecular biologist
- 2022-09-27 Portugal: Largest cannabis manufacturing facility in Europe officially opened
- 2022-09-27 Europe's largest cannabis investment round: total of $100 million raised for German company
- 2022-09-27 South Carolina hemp farmer files federal lawsuit over destroyed crops
- 2022-09-27 US (CT): Cannabis entrepreneur hopes to open 60,000 sq ft grow facility
- 2022-09-26 Pure Sunfarms places No.17 on ranking of Canada's Top Growing Companies
- 2022-09-26 Launch of cannabis education program in Korea
- 2022-09-26 Tradecorp invests over US$ 1 million in its first Global Biosolutions Research and Innovation Center in Brazil
