37 minutes | Aug 17th 2020

Ep 315 - Cannabis Retailers Flocking To The Venmo of Cannabis

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