Helping Connect Cannabis Merchants

Helping Connect Cannabis Merchants

Helping connect cannabis merchants with Ken Ramirez, CEO, and Co-Founder of Alt Thirty-Six. Today we talk about digital payments and compliance helping connect cannabis merchants with vendors, suppliers, and consumers by settling transactions in real-time. As a distinguished academic, Ken is in the final stages of completing a Doctorate in Business Administration. His dissertation research focuses on payment transaction strategies that will expose a major source of profit leakage and operational inefficiencies for US firms across all industries.

He personifies the ideal attributes of a leader with a unique and comprehensively informed perspective on transformative enterprise growth and practical experience in managing the realization of an organization’s vision. Alt Thirty-Six is a first-of-its-kind digital payment and compliance platform designed to help the cannabis industry go cashless. Cryptocurrency systems can be problematic for cannabis retailers as well. In order to accept these payments, merchants must set up a complicated and expensive infrastructure. Then there’s the puzzling process of converting back-and-forth between crypto and fiat currency. On top of that, merchants can’t liquidate their token holdings until they’ve reached a target number of transactions, putting more constraints on cash flow.