Southwest Capital Bank relies on tech sector for reducing cannabis-related risk

Southwest Capital Bank wants to ensure transparency throughout its cannabis portfolio after facing federal scrutiny related to the industry. To do so,

In doing so, the bank will work with Sacramento, California-based tech company NatureTrak, which offers a compliance and risk management platform for banks working within the cannabis industry.

Southwest Capital sees the legalization of recreational cannabis use by adults in New Mexico, and the start of recreational sales by April of next year,…

Source: The Business Journal