Futuresinfocus

It’s very difficult for this industry without a financial backbone. Even moving to a backbone requires an industry that is still being pigeon-holed into a cash 0 based industry when the world is becoming digital. Compliance issues still dominate industries like the alcohol industry, so these challenges are not new. Over 85% of cannabis transactions are still cash based Even in California that illicit market is over $10bn a year where the legal is just $2bn.Eric Kaufman is the CRO for one of the only financial backbone companies focusing on this industry, Dama Financial.