Cannabis Business Banking Solutions

Dama Financial, through its U.S.-based Bank partners, provides access to a transparent banking solution specifically designed for cannabis-related businesses (CRBs).

Dama Clients receive access to secure online banking and cash courier services that minimize the financial and safety risks of having large amounts of cash on hand. Deposits can be made with cash (via courier service), checks or electronically (ACH or Wire). Payments can be made electronically or by check. 

The Dama Banking Solution Includes:

  • Have cash picked up and deposited by armored courier
  • Access your account 24/7 online or by mobile
  • Pay approved vendors, tax authorities and employees electronically or by check
  • Receive funds electronically from approved partners
  • Transfer money between accounts managed by Dama quickly
  • Access to a secondary 1% interest-earning account
  • Receive exceptional client service from your dedicated Relationship Manager
  • Accepting applications from businesses located in AZ, CA, DE, LA, MA, MI, MO, NV, OH, OK, PA, WA, and WV.

SCHEDULE A CALL WITH DAMA FINANCIAL TODAY!

Dama Financial is an agent of its partnering financial institutions. Your funds will be deposited into a custodial account maintained for the benefit of account holders at one or more FDIC-insured institutions. Fees, terms and conditions apply to depositing funds into and using your Account. Account Terms and Conditions and Fee Schedule are available upon registration to access the online application.

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