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Banking and Ancillary Solutions for Cannabis and High-Risk Merchants
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Our Solutions
Outdoor Advertising
Many marketing agencies take a “wide net” approach to advertising. They spread your budget across several channels, then constantly refine each strategy and hopefully get a return on ad spend (ROAS).
By specializing in the ad channel with the highest ROAS in your industry, GBS can launch a profitable campaign immediately. We know how to get in front of your audience with the right message to draw them in.
Crypto Payment Processing
More and more consumers worldwide are investing in crypto, stocking up on one of the few currencies that is expected to continue gaining value for the foreseeable future. If you’re not taking crypto payments, let’s fix that.
Our cryptocurrency payment processing solutions will allow your customers to pay with Bitcoin, Ethereum, and all of the best crypto coins on the market today. You’ll receive payments in your virtual business wallet.
Credit and Debit Processing
Did you know that accepting credit and debit card payments can increase your sales by up to 40%? That’s typically more than enough to pay for your advertising, payment processing solutions, and more!
Our payment processors deliver your funds within 72 hours. You’ll also have 24/7 access to dedicated GBS support personnel. Get a payment solution that’s as easy as it is reliable and profitable.
Cannabis Insurance
Every business needs to have good coverage that will keep you from going under when disaster strikes. Your coverage needs to be affordable, accessible, and available to “high-risk” businesses.
Our partners are ready and waiting to work with businesses just like yours. From mandated worker’s compensation insurance to business income coverage without coinsurance, GBS has you covered.
Bank Direct Payments
Subscription products and services have become one of the most profitable payment models the economic world has ever seen, especially since the mass transition to digital platforms and storefronts.
Enabling bank direct payments for your business will create a virtually instant increase in your customer retention and your customer lifetime value. Don’t miss out on this vital revenue channel.
Cannabis Lending
It takes money to make money. You need capital to give your business a healthy start, and you need financing to expand to new locations, new services, and new markets that will grow your audience and revenue.
We work exclusively with high-risk businesses, so we know how to find agreeable terms with reasonable qualification standards for a young company. In most cases, you can get funding in as little as two business days.
ERC for Cannabis Businesses
While cannabis businesses have been disallowed from most COVID-19 economic recovery packages, they can qualify for the COVID-19 Employment Retention Credit (ERC).
The ERC is classified as a payroll tax credit, a refundable tax credit to businesses that retained employees during the COVID-19 pandemic who meet certain qualifications like forced closed closures, business interruptions, or decline in gross receipts.