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Credit: Kyle/Adobe StockFollowing passage of the SAFER Banking Act in 2023 that was intended to allow cannabis firms more access to banking and financial services, as well as employer-sponsored retirement accounts, GreenPath 401k was recently launched by Green Leaf Business Solutions, a HR and payroll solutions company for the cannabis industry.
GreenPath 401k is a one-of-a-kind, fully vetted and transparent retirement plan solution tailored specifically for the legal cannabis industry, First Citizens Bank will serve as the custodial agent and banking partner for the plan and Green Check will provide the account onboarding and verification services for the entire coalition of the financial partners.Green Leaf has partnered with coalition of trusted financial institutions – Vanguard, CuraFin Advisors, Mid Atlantic Trust, First Citizens Bank, PCSRetirement, and Green Check Verified – that are committed to serving the cannabis sector, according to Green Leaf.
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