Canna Group LLC

The Canna Group LLC was founded on a platform of 30+ years operational experience in the merchant services industry. Our Mission is to consult and empower business within the dynamically changing cannabis industry to understand how to implement full electronic payments into their operation plan. We offer expert knowledge on the ever-changing laws that finally allow all cannabis businesses, from seed to retail, to accept ALL MAJOR CARD BRANDS (including debit) in a safe environment that will eliminate the risk of cash-based business practices. We understand the frustrations that all CBD and MMJ entrepreneurs have experienced trying to run a legal business, yet denied the ability to utilize the banking and electronic payments solutions available to “traditional” businesses. The Canna Group is passionate not only about the cannabis industry, but also about helping our clients have access to financial solutions that will cultivate growth and success for their company. It is with this ethos we proudly introduce our solution KronicPay KronicPay is our revolutionary program in which we can offer CBD, Medical Marijuana and Recreational Marijuana merchants the opportunity to accept ALL forms of electronic payments across all card brands: VISA, MC, Discover and Amex. The program also accepts debit based transactions and ACH check processing. We do this through the process of tokenization, which allows the payment data to be re-encrypted in a way in which is compliant with VISA/MC requirements. It is the technology that drives Apple Pay and similar payment platforms. Our product is a stand alone payment solution, requires no reserves, 24 hour funding (for qualified accounts) and a 14 day application turnaround. In addition, we can also offer our clients traditional banking accounts and loan products tied in with our program.