Access to transparent banking services for cannabis-related businesses

CashToTax

Tax Payment Account

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PayMyWay

Retail Payment Solution

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Premier Business Account and Secondary Interest-Earning Account

Reduce safety and financial risk by limiting cash on hand with a transparent U.S.-based bank account. Improve business efficiency paying and getting paid electronically or by check.

Earn 1% interest on unlimited deposit volume with a separate interest-bearing account. Funds can be easily transfered between your business checking and secondary interest-bearing account.

Access to Essential Business Services

We've assembled an extensive network of partners that provide transparent business services, including accounting, taxes, payroll, HR support, insurance and more.

CONTACT YOUR DAMA RELATIONSHIP MANAGER FOR A REFERRAL

Secure your cash, make and receive payments electronically or by check — and stop worrying your account will be shut down because you are a cannabis-related business.

Cash pickup and deposit by armored courier

Pay vendors, taxes, utilities and employees by ACH, wire or check

Get paid electronically or by check

No Application Fee

24/7 account access online and via mobile

No minimum deposit or account balance requirement

Exceptional service from a dedicated Relationship Manager

Access to a secondary 1% interest-earning account with unlimited deposits

What Our Clients Say About Us

“We have used other banks who have been helpful — however, I rate Dama the best of all for handling special cannabis related needs that a traditional bank can't cover.We are thrilled at Plus Products how well Dama Financial is working for us. They have saved our finance team a lot of time. ”

Jon Paul, CFO, Plus Products

“Having a bank account has removed the stress and concerns we had trying to manage our business growth that could not be funded with cash.”

L.K., CFO

“We needed an account where we could park fund raising money that exceeded the normal credit union asset cap. Dama was able to provide us this.”

Vona S., VP of Finance, Sublime

“It has been a real benefit to our business to bank through Dama Financial. Having confidence in the stability of our banking relationship has freed management up to focus on running the business, rather than on how to get cash from point A to point B.”

Susie M., VP & Gen. Mgr., Hometown Heart

“One of my goals was to get the company access to basic banking services, and away from cash. With Dama we are able to pay both cannabis and non-cannabis vendors and suppliers via ACH or check. Now if the rest of the industry would catch up.”

Vona S., VP of Finance, Sublime

“We have used other banks who have been helpful — however, I rate Dama the best of all for handling special cannabis related needs that a traditional bank can't cover.”

Jon Paul, CFO, Plus Products

“Working with Dama has been a pleasure, our Relationship Manager is always available and quick to respond. Everyone we have dealt with works diligently to provide outstanding service.”

L.K., CFO

“Our dedicated relationship manager has been exceptionally responsive and always resolves our issues quickly.”

Susie M., VP & Gen. Mgr., Hometown Heart

“The whole Dama team has been terrific, from the initial due diligence data collection, walk through, validations, etc. through our normal day to day banking needs and our ‘drop everything we need it now’ requests.”

Vona S., VP of Finance, Sublime

“The cash courier service has exceeded expectations on turnaround time. Thank you Dama for bringing some normalcy to this industry”

Susie M., VP & Gen. Mgr., Hometown Heart

“We use the online account center all the time, especially as I tend to look at our banking activities after normal banking hours.”

Vona S., VP of Finance, Sublime

Referral Program

Do you provide services to cannabis businesses that need banking?

Sign up for our Referral Program, and you can earn referral bonuses!

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