
Green Check Verified (GCV), a leading fintech provider of compliant cannabis solutions and services to financial institutions, announced deal terms, to acquire PayQwick, which has been servicing underbanked cannabis businesses with payments and lending since 2015. The deal was unanimously approved by both boards.
"With PayQwick on board, GCV will be the first company to serve the vertically integrated cannabis industry from businesses to banks, and the only company to ensure that any cannabis business has an opportunity to be properly banked," per a press release.