Bolstering Compliance in Cannabis Banking with Green Check Verified

As regulations increase, businesses and consumers focus on the security of information and privacy. Laika works to help our clients earn trust in their markets through compliance. With the popularization of SOC 2 standards in the banking industry, our team is always excited to work with new solutions in an established and scrutinized industry. We are happy to announce our partnership with Green Check Verified, the leading provider of compliant cannabis banking solutions.

Our team at Laika is excited to be working with the team at Green Check Verified to provide an extra layer of compliance oversight into their space in the cannabis banking industry. Laika is working to streamline internal compliance and security programs, providing additional assurance for clients and partners.

Our partnership

Our Head of Security and Risk, Dana Mueller, leads Green Check Verified’s compliance process in partnership with Annie Black, a customer service manager. Our founders, Austin Ogilvie and Eva Pittas, recognize and appreciate similarities between Laika and Green Check Verified; both businesses offer peace of mind to our clients and unlock growth opportunities.

“We’re excited to be working with Green Check Verified. Their seasoned team of entrepreneurs coupled with an innovative regtech platform will be pivotal for FIs looking to enter the legal cannabis banking space,” said Eva Pittas.

We don’t like to play favorites when it comes to our clients. But the team at Green Check Verified certainly has our customer service team buzzing. Determined to become the most secure provider in their industry without slowing down services for clients and partners, the team is ambitiously tackling multiple trust services criteria for their SOC 2.

“At GCV, everything we do is hyper-focused on compliance,” said Kevin Hart, CEO of Green Check Verified. “We continue to identify ways to reduce risk and allow FIs to bank cannabis confidently and securely. By partnering with Laika, we are not only leveraging our internal regulatory technology expertise, but banks and credit unions will benefit from having the additional oversight from a third-party vendor, adding an extra layer of compliance associated with cannabis banking.”

Our best tip: keep an eye on Green Check Verified. Their solution is empowering mom and pop cannabis distribution through validity with the banking industry. The team is armed and ready to change the face of cannabis banking in the safest way possible.