EXCLUSIVE: Can Data Fix Cannabis Banking? Green Check CEO Breaks Down The Solution
Kevin Hart, the founder and CEO of Green Check, spoke on the most recent episode of Cannabis Insider and said he has been essential in addressing the cannabis industry’s relationship with the banking industry. Hart’s background spans over four decades in enterprise software, where he has led multiple companies to successful exits and an IPO.
His journey with the company began when he was approached to build a point-of-sale system for the cannabis industry. Realizing the primary challenge was access to financial services, Hart shifted his focus to connecting cannabis businesses with banks through data-driven technology.
Data Solutions for Compliance
He says Green Check has improved the cannabis industry’s financial transactions by focusing on detailed, atomic-level data. “It always was and always will be a data challenge,” Hart explains. The company spent its initial years designing a platform capable of monitoring each transaction to ensure compliance with evolving regulations.
By doing so, he says they have provided financial institutions with unparalleled visibility into the financial health of cannabis businesses. This approach has …