New Dama financial partnership with PayWana™ integrates online banking solution with self-service technology to minimize wait times and expenses at retail locations across U.S. The partnership is designed to uniquely address some of the challenges cash-intensive businesses face Holders of Premier accounts managed by Dama can send payments via electronic ACH, wire transfer, or check … Continue reading “Dama Financial Product Integration With PayWana Set to Revolutionize Retail Checkout Processing”
Dama Financial, a leading provider of access to electronic banking and payment solutions, this morning announced its plan to offer cannabis-related businesses (“CRBs”) that qualify under its Social Equity Program (“SEP”) free access to banking. The company has designed the financial infrastructure specifically for CRBs that are impeded by the shortcomings related to cash-based operations. … Continue reading “CannabisNewsBreaks – Dama Financial to Offer Free Banking Access to Eligible Cannabis-Related Businesses”
Dama Financial this morning announced a new strategic partnership with PayWana(TM). Through the partnership, the company is integrating its PaytenderSM payment processing software and its online banking solution Dama Premier with PayWana self-service automated kiosk machines. PaytenderSM is an app-based consumer wallet that enables users to make electronic payments via QR “scan-and-go” technology. “The integration … Continue reading “CannabisNewsBreaks – Dama Financial Enters Strategic Partnership with PayWana(TM)”
Cannabis companies are facing financing problems, because the big banks will not take them on as customers Dama Financial is focused on making transparent banking services readily available to the cannabis industry Dama Financial offers turnkey services to clients looking for safe, sustainable and modern financial/payment options Although more than 30 states have legalized cannabis … Continue reading “Dama Financial Provides Access to Transparent Banking Services for Cannabis Industry”
Provides access through bank partners to secure online, safe and convenient banking services for businesses in the cash-intensive cannabis industry Founded by banking and payments industry veterans experienced in building and scaling businesses Partnered with numerous financial institutions to help cash-intensive businesses reduce financial and safety risk, and run their businesses more efficiently Deposits held … Continue reading “Dama Financial is “One to Watch””
Marijuana contains more than 100 compounds, the major ones being tetrahydrocannabinol (THC) and cannabidiol (CBD). Of the two primary compounds, THC induces a high when consumed while CBD does not. Research has found that some of marijuana’s compounds safeguard the brain’s neurons. Some of marijuana’s antioxidant properties can also fight oxidative stress, which influences aging. … Continue reading “Could Marijuana Hold Key to Addressing Pain Related to Aging?”
Ohio Governor Mike DeWine has urged state lawmakers to enable recreational marijuana sales before the end of the year. During a recent interview with newspaper editors, Gov. DeWine said that although Ohio voters approved a measure to legalize recreational cannabis in late 2023, recreational sales won’t begin until the end of 2024. The governor noted … Continue reading “420 with CNW — Ohio Governor Urges Lawmakers to Enable Adult-Use Cannabis Sales”
The latest round of pardons for American citizens with federal simple possession, attempted possession and use of marijuana by President Joe Biden have excluded serving military personnel again. First issued on Oct. 6, 2022, the presidential proclamation pardoned several federal simple cannabis possession offenses before another proclamation extended the number of pardoned offenses on Dec. … Continue reading “420 with CNW — Biden Again Excludes Serving Military Personnel from Latest Cannabis Pardons”
Missouri’s cannabis industry has surpassed $1 billion in sales of medical and recreational marijuana products for the year 2023, as disclosed by the state’s Department of Health and Senior Services (DHHS). In October alone, retailers transacted approximately $95.5 million in recreational cannabis products and an additional $17.6 million in medical cannabis. Although these figures reflect … Continue reading “420 with CNW — Missouri Companies Sell Cannabis Products Worth $1B in 2023”
Despite differing opinions among ardent supporters, cannabis legalization in Ohio could entail certain drawbacks. Nonetheless, an economic analysis published last week suggests that the advantages would surpass these drawbacks by a yearly sum of $250 million. Issue 2, a proposal to legalize recreational cannabis in Ohio, is set for the upcoming election on Tuesday. A … Continue reading “420 with CNW — Study Predicts $260M Addition to Ohio’s Economy After Cannabis Legalization”
