Banking / FinTech

Cannabis Compliance Monitoring Program

The ADCOCloud is the new frontier of cannabis business license compliance program management for financial institutions. Transitioning to the ADCOCloud service is a reliable, no-cost* solution to proactively manage cannabis business account holders. 

For more than 5 years, Adherence Compliance has helped financial institutions securely manage cannabis compliance programs. ADCOCloud services enable banks and credit unions to quickly implement no-cost programs, obtain the compliance data and gain insight needed to manage effective, data-driven compliance programs ready for regulatory scrutiny.

​Here’s how it works:

1

Review Cannabis Regulatory Compliance Program

  • Up to 2-hours of program kick-off and review meetings

  • Review of regulatory code set in ADCO Cloud platform

2

Launch Cannabis Compliance Program for Licensed Operators

  • $99 per month paid by each licensed operator

  • Quarterly & Annual inspection & attestation reports due from operators

  • Quarterly inventory reviews for cannabis tracking & reconciliation

3

Receive Compliance Report Cards from each Licensed Operating Account Holder

  • Monthly, Quarterly and Annual program statistics

  • Top violations, failure patterns, inventory analysis & more

Download our Cannabis Banking Compliance Guide!

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Our proven 5-step Cannabis Banking Compliance Program is an integrated inspection and monitoring system for effective reporting and regulatory reviews of operational cannabis accounts.

Learn how you can implement an effective, low-cost compliance program without hyper-expensive add-on software.

Effective Methods to Manage Your

Cannabis Compliance Program:

Cannabis Banking Compliance Training Course

$10,000 per course

  • 8-hour online course reviewing AML, BSA, FinCEN and regulatory requirements

  • Includes 5-step Compliance Program Framework and program analysis

Remote Cannabis Compliance Inspection

$950 per inspection

  • 2-hour online inspection conducted by Adherence Compliance Inspectors

  • 30-minute online review of Compliance Report Card with regulatory agency

Onsite Cannabis Compliance Inspection

$2,500 per inspection

  • 2-hour onsite inspection conducted by Adherence Compliance inspectors

  • 30-minute online review of Compliance Report card with regulatory agency

Cannabis Compliance Program Management

$1,950 per month

  • 5-hours per month w/ weekly 1-hour Cannabis Compliance Program Meetings

  • Preparation and review for annual regulator inspection criteria

  1. *Base program costs are paid for by licensed business account holders.  Additional program costs may vary.