Abacá | Jotup

Advantive Grows Global Presence Through Acquisition of UK-Based Abaca Systems

Retrieved on:

Mardi, novembre 7, 2023

CRM, Portal, Software, Accounting, Maintenance, Acquisition, Abacá, Online shopping, Aerospool WT10 Advantic

Based in Manchester, England, Abaca Systems has been powering the packaging industry since 1991 with its state-of-the-art solutions designed to suit all complex production requirements with a single piece of software. Abaca's fully integrated software architecture is ideal for an array of customers including those in corrugated packaging, distribution, and maintenance, while Abaca's business management suite -- accounting, reporting and scheduling solutions, CRM, and document management capabilities -- provides packaging customers with optimum performance in one secure, easy to use, and fully comprehensive solution.

Key Points:

With the addition of Abaca Systems packaging solutions, Advantive expands its specialty manufacturing offerings for businesses in Europe and the UK
TAMPA BAY, Fla. , Nov. 7, 2023 /PRNewswire-PRWeb/ -- Advantive , a mission-critical software provider for specialty manufacturing and distribution businesses, announced today its acquisition of Abaca Systems , a leader in packaging software solutions.
Advantive is constantly seeking out partners that will allow us to deliver the best in distribution and manufacturing to our customers.
The addition of Abaca Systems helps us to fuel these aspirations globally.
"Our aim at Abaca Systems has always been to offer superior products to our customers, and by joining the Advantive family, we will now be able to offer those customers even more," said Graham Dickinson, Joint Managing Director of Abaca Systems.

Safe Harbor Financial Restructures Certain Deferred Consideration Obligations in Connection With 2022 Acquisition of Abaca

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Vendredi, octobre 27, 2023

Cannabis, Safe harbor, Digital Solutions, Treasury, Acquisition, Entrepreneurship, SHF, Rock View, Security (finance), Abacá

GOLDEN, Colo., Oct. 27, 2023 (GLOBE NEWSWIRE) -- SHF Holdings, Inc., d/b/a/ Safe Harbor Financial (“Safe Harbor” or the “Company”) (NASDAQ: SHFS), a leader in facilitating financial services and providing credit to the regulated cannabis industry, announced today the restructuring of certain deferred consideration payable to the shareholders of Rockview Digital Solutions, Inc, d/b/a Abaca (“Abaca”), a cannabis-focused financial technology platform that was acquired by Safe Harbor in a transaction that closed on November 16, 2022.

Key Points:

GOLDEN, Colo., Oct. 27, 2023 (GLOBE NEWSWIRE) -- SHF Holdings, Inc., d/b/a/ Safe Harbor Financial (“Safe Harbor” or the “Company”) (NASDAQ: SHFS), a leader in facilitating financial services and providing credit to the regulated cannabis industry, announced today the restructuring of certain deferred consideration payable to the shareholders of Rockview Digital Solutions, Inc, d/b/a Abaca (“Abaca”), a cannabis-focused financial technology platform that was acquired by Safe Harbor in a transaction that closed on November 16, 2022.
The combination of Safe Harbor’s access to a wide range of financial service offerings and Abaca’s industry-leading fintech software solutions has produced a comprehensive and streamlined banking solution for cannabis operators nationwide.
The enhanced Safe Harbor fintech platform now offers desktop and mobile banking, treasury management, payment processing, cash handling, and logistics, as well as new interest-bearing and credit products announced earlier this year.
The $3 million in cash consideration scheduled to be distributed to Abaca shareholders in both 2023 and 2024 remains unchanged.

Glatfelter & Ekman Initiate Partnership To Sell Abaca Pulp Globally

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Vendredi, septembre 8, 2023

Porosity, Ekman family, Glatfelter, GLT, Tea, Coffee, Filtration, NYSE, Ekman, Pulp (paper), Abacá

CHARLOTTE, N.C., Sept. 08, 2023 (GLOBE NEWSWIRE) -- Glatfelter Corporation (“Glatfelter” or the “Company”) (NYSE: GLT), a leading global supplier of engineered materials, has entered into an agreement with Ekman & Co. to market Glatfelter’s high quality, specialty Abaca pulp exclusively through Ekman’s global sales agency platform.

Key Points:

CHARLOTTE, N.C., Sept. 08, 2023 (GLOBE NEWSWIRE) -- Glatfelter Corporation (“Glatfelter” or the “Company”) (NYSE: GLT), a leading global supplier of engineered materials, has entered into an agreement with Ekman & Co. to market Glatfelter’s high quality, specialty Abaca pulp exclusively through Ekman’s global sales agency platform.
Glatfelter has increased its market capacity of Abaca pulp and is partnering with Ekman’s global sales organization to reach new and innovative markets for this fiber.
“We are excited about this new relationship with Ekman,” said Thomas Fahnemann, President & CEO of Glatfelter.
The Company uses words such as “anticipates”, “believes”, “expects”, “future”, “intends”, “plans”, “targets”, and similar expressions to identify forward-looking statements.

Safe Harbor Financial Announces Preliminary Fourth Quarter and Full Year 2022 Financial Results

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Jeudi, mars 30, 2023

Agreement, PCCU, SHF, Business analyst, Safe harbor, Swiss Research Centre for Rationalization in Building and Civil Engineering CRB, Acquisition, Webcast, Growth, Disclosure, Cryptocurrency, Drug, Abacá, D.C

GOLDEN, Colo., March 30, 2023 (GLOBE NEWSWIRE) -- SHF Holdings, Inc., d/b/a/ Safe Harbor Financial (“Safe Harbor” or the “Company”) (NASDAQ: SHFS), a leader in facilitating banking, payments, and financial services to the regulated cannabis industry, today announced certain preliminary (unaudited) financial results for the quarter and year ended December 31, 2022. All financial information is provided in U.S. dollars unless otherwise indicated and is prepared under U.S. Generally Accepted Accounting Principles (“GAAP”).

Key Points:

All financial information is provided in U.S. dollars unless otherwise indicated and is prepared under U.S. Generally Accepted Accounting Principles (“GAAP”).
For the twelve-month period ended December 31, 2022, Safe Harbor originated loans totaling $15.8 million, compared to $4.3 million for the 2021 full year.
The increase is due to higher investment and loan interest income, partially offset by lower Safe Harbor program and miscellaneous fee income.
For the full year ended December 31, 2022, total operating expense increased to $11.6 million compared to $3.7 million in 2021, due to the same drivers of expense in the fourth quarter of 2022.

Safe Harbor Financial Announces Definitive Agreement to Acquire Abaca

Retrieved on:

Lundi, octobre 31, 2022

ARVADA, Colo., Oct. 31, 2022 /PRNewswire/ -- SHF Holdings, Inc., d/b/a/ Safe Harbor Financial ("Safe Harbor" or the "Company") (NASDAQ: SHFS), a leader in facilitating financial services to the regulated cannabis industry, has entered into an agreement to acquire Rockview Digital Solutions, Inc d/b/a Abaca ("Abaca"), an industry-leading cannabis financial technology platform that has processed more than $3 billion in gross transactions, for $30 million. Built on modern cloud-hosted technology by banking and compliance experts, Abaca's digital-first commercial banking solutions make cannabis banking easy by revolutionizing access to cutting-edge banking and financial solutions.

Key Points:

ARVADA, Colo., Oct. 31, 2022 /PRNewswire/ --SHF Holdings, Inc., d/b/a/ Safe Harbor Financial ("Safe Harbor" or the "Company") (NASDAQ: SHFS), a leader in facilitating financial services to the regulated cannabis industry, has entered into an agreement to acquire Rockview Digital Solutions, Inc d/b/a Abaca ("Abaca"), an industry-leading cannabis financial technology platform that has processed more than $3 billion in gross transactions, for $30 million.
This enables Abaca to provide cannabis businesses a full suite of specialized financial and treasury services available to the industry via its secure, digital platform.
Combining Safe Harbor's wide range of financial services and Abaca's industry-leading fintech and payment solutions will create comprehensive and streamlined banking solutions for cannabis operators.
Joining forces with Safe Harbor enables the Abaca team to better advance our mission of empowering the cannabis community with essential financial services and innovative, affordable solutions," said Dan Roda, Co-Founder and CEO of Abaca.

Abaca and Pacific Valley Bank Partner to Expand California Cannabis Banking Options

Retrieved on:

Jeudi, août 25, 2022

SALINAS, Calif., Aug. 25, 2022 /PRNewswire/ -- Abaca, an industry-recognized financial platform for cannabis operators, and Pacific Valley Bank (OTC Pink: PVBK), are partnering to expand access to cannabis banking in the California market.

Key Points:

SALINAS, Calif., Aug. 25, 2022 /PRNewswire/ -- Abaca, an industry-recognized financial platform for cannabis operators, and Pacific Valley Bank (OTC Pink: PVBK), are partnering to expand access to cannabis banking in the California market.
"Abaca has been an agile, reliable, and innovative industry leader in helping connect legal cannabis businesses with financial services," said Anker Fanoe, CEO at Pacific Valley Bank.
"Pacific Valley Bank is a community bank that has been a powerhouse serving the cannabis industry for over two years, with clients from San Diego to Sacramento.
Together, Abaca and Pacific Valley Bank are committed to delivering the highest quality banking experience to the California cannabis industry."

Cannabis Fintech Abaca Announces Mississippi Expansion

Retrieved on:

Mardi, mai 24, 2022

Bank Secrecy Act, Bank, Cannabis, Solution, Abacá, Nature, Industry, Compliance, Treasury, Integral, Drug

NORTH LITTLE ROCK, Ark., May 24, 2022 /PRNewswire/ -- Arkansas-based cannabis financial technology firm Abaca has expanded coverage bringing digital-first banking, payment and treasury management solutions to Mississippi's cannabis industry.

Key Points:

NORTH LITTLE ROCK, Ark., May 24, 2022 /PRNewswire/ -- Arkansas-based cannabis financial technology firm Abaca has expanded coverage bringing digital-first banking, payment and treasury management solutions to Mississippi's cannabis industry.
Integral in banking 95 percent of Arkansas's cannabis industry since day one and hundreds of cannabis clients across the country, Abaca is uniquely positioned to support Mississippi.
"We've been with Abaca for two years now, since the beginning of the Arkansas cannabis industry," said Brian Renk of Natural Relief Dispensary.
Abaca provides state-legal cannabis businesses with compliant bank accounts, lending, electronic payments, and other financial services through its financial technology-powered cannabis banking platform.

Abaca Crosses $2 Billion Dollars in Compliant Cannabis Commerce

Retrieved on:

Jeudi, février 3, 2022

Treasury, Growth, Cannabis, Ecosystem, Headache, Commerce, Technology, Efficiency, Time, Heart, Industry, Multimedia, Solution, Drug, Bank, Abacá

NORTH LITTLE ROCK, Ark., Feb. 3, 2022 /PRNewswire/ -- Cannabis banking fintech company Abaca surpassed compliantly processing more than two billion dollars in commerce for the cannabis industry.

Key Points:

NORTH LITTLE ROCK, Ark., Feb. 3, 2022 /PRNewswire/ -- Cannabis banking fintech company Abaca surpassed compliantly processing more than two billion dollars in commerce for the cannabis industry.
Abaca's lifetime gross transaction volume growth is accelerating rapidly, having crossed $1 billion dollars in April 2021.
Abaca enables normalized financial services for an underbanked industry cannabis.
Abaca provides state-legal cannabis businesses with compliant bank accounts, lending, electronic payments, and other financial services through its financial technology-powered cannabis banking platform.

Applications Open In Africa and Asia For Adaptation SME Accelerator Project (ASAP)

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Vendredi, décembre 17, 2021

Village Capital and The Lightsmith Group announced today that applications have opened in Africa and Asia for the Adaptation SME Accelerator Project (ASAP), a program for SMEs and startups that are scaling market-based solutions to critical climate adaptation and resilience challenges.

Key Points:

Village Capital and The Lightsmith Group announced today that applications have opened in Africa and Asia for the Adaptation SME Accelerator Project (ASAP), a program for SMEs and startups that are scaling market-based solutions to critical climate adaptation and resilience challenges.
Accelerating the growth of selected climate adaptation solutions companies in developing countries is the final step in the ASAP strategy, said Jay Koh, MD, Lightsmith Group.
By connecting SMEs identified through the Adaptation Solutions Taxonomy to resources of a world-class accelerator, we can demonstrate how these companies can scale up their solutions to the growing impacts of climate change.
Developing countries climate adaptation needs are immense and diverse, and the private sector plays an important role in filling the gap.

Akerna to Attend CannaVest West Institutional Capital Forum and NCIA's Cannabis Business Summit & Expo 2021

Retrieved on:

Mardi, décembre 14, 2021

DENVER, Dec. 14, 2021 /PRNewswire/ -- Akerna (Nasdaq: KERN), a leading enterprise software company and the developer of the most comprehensive technology infrastructure, ecosystem, and compliance engine powering the global cannabis industry, will participate in the National Cannabis Industry Association's (NCIA) Cannabis Business Summit & Expo 2021 and CannaVest West Institutional Capital Forum, taking place at the Moscone Center in San Francisco, CA from December 16th17th.

Key Points:

DENVER, Dec. 14, 2021 /PRNewswire/ -- Akerna (Nasdaq: KERN), a leading enterprise software company and the developer of the most comprehensive technology infrastructure, ecosystem, and compliance engine powering the global cannabis industry, will participate in the National Cannabis Industry Association's (NCIA) Cannabis Business Summit & Expo 2021 and CannaVest West Institutional Capital Forum, taking place at the Moscone Center in San Francisco, CA from December 16th17th.
MJ Freeway, an Akerna company, is a sponsor of the NCIA Cannabis Business Summit and will be located at booth #427.
MJ Freeway, an Akerna company, is a sponsor of the NCIA Cannabis Business Summit and will be located at booth #427.
NCIA's Cannabis Business Summit & Expo will bring together cannabis professionals for three days, including networking events, panel discussions, expert presenters, tours, workshops, and an exciting expo floor.