Closed-loop Cannabis Banking Pilot Program

The State Treasurer’s Office received Interim Finance Committee approval in December 2020 to implement the Closed-loop Payment Processing System Pilot Program (“Program”) with selected vendors Artra Financial and Multichain Ventures. The Program is anticipated to launch Spring of 2021 and is actively seeking interested marijuana related businesses to participate as system users.

Businesses interested in learning more about the Program should fill out this interest form, and a member of our staff will be in touch soon.


An overview of the Program can be viewed by clicking the “About the Program” presentation on the right sidebar.

About the Program – Overview

Stakeholder Meeting Documents

Stakeholder Meeting Minutes - Industry

Stakeholder Meeting Minutes - Vendor