Cannovia CBD - Better Wellness, Naturally
Cannovia CBD - Better Wellness, Naturally

Cannovia CEO Weighs in on CBD and the Banking Industry

By Greg Fehrenbach March 22, 2019 Business, In the News

Brian Baum was pulling up to the Dallas-Fort Worth International Airport on March 19 when he got an email alert: His merchant services account had been terminated. The CEO of hemp-derived CBD product manufacturer Cannovia tells Cannabis Business Times that Evalon’s abrupt message forced him and his team into damage-control mode. They weren’t alone.

“Fortunately, the industry itself—CBD and the cannabis industry—is a pretty tight community,” Baum says. “We, of course, very quickly started looking into: What are the alternatives? How do we move forward?”

Read entire Cannabis Business Times article here

Next Post

What’s Next at the FDA?

Read Now