3.6.25 - Loan refinancing for an owner-occupied dispensary announced

TASI ® Bank, which has been providing financial services to the California cannabis industry for a decade, kicked off 2025 with loan refinancing for an owner-occupied dispensary business in Mission Valley (San Diego).

According to Jesus Leon Guerrero, TASI vice president/district manager, the deal is a precursor to an expansion of services that will ultimately include ACH, armored car, cash management, and full-service banking. TASI Bank, headquartered in San Francisco, serves customers in the nine Bay Area counties as well as Los Angeles, Orange, and San Diego counties.

“We have a significant knowledge base in the cannabis industry,” Leon Guerrero said. “We first provided services to Tier 2 and Tier 3 companies, and then, in 2023, when regulations changed, we were able to work with Tier 1 companies, including growers, suppliers, manufacturers, and dispensaries. We are proud to be 420 bankers.”