Who We Serve

Supporting the businesses powering cannabis forward

Serving every corner of the cannabis and hemp industry

From cultivators and processors to industrial manufacturers and ancillary providers, we understand what it takes to run a successful cannabis business. Our deep industry knowledge and customized approach ensure you get financial solutions that fit your needs—so you can focus on growing what matters most.

Talk with a cannabis specialist who understands your business

Connect with a cannabis banking specialist to start growing today

Types of cannabis and hemp businesses we partner with

Supporting the hemp economy

From textiles to regenerative agriculture and beyond, we provide secure, compliant banking solutions for every stage of the hemp supply chain—so your business can thrive with confidence.

  • Hemp farmers and growers
  • Industrial hemp processors and manufacturers
  • CBD hemp processors and manufacturers
  • Fiber and grain processors
  • Secondary processors
  • Equipment manufacturers
  • Nutrient companies
  • Seed and genetics companies
  • Extraction companies
  • Retailers and more

Please take note of the following actions that are prohibited under federal law:

  • Marketing health benefits that claim to prevent, diagnose, mitigate, treat or cure a disease

Empowering cannabis businesses

Whether you're an ancillary cannabis business, testing laboratory, marketing firm, professional service, or device manufacturer or distributor, our banking expertise and industry insight help you stay compliant, efficient and ready for what's next. Together, we're building the future of cannabis.

  • Drying-room systems
  • Industrial fans
  • Fertilizer and horticultural agriscience
  • Grow lighting
  • Dispensing system parts
  • CO2 monitors
  • Software providers
  • Professional services, such as payroll, CPAs and attorneys

How it works
Bank with us

We actively pursue quality cannabis and hemp business relationships and will guide you through a clear, streamlined process to help you get started with confidence.

Step 1
Schedule a consultation

An experienced cannabis and hemp banking specialist helps you collect all required documentation and addresses any questions you may have.

Step 2
Submit an application

We work closely with you to help ensure your application is complete and well-documented, supporting a smooth and efficient review process.D

Step 3
Get approval

Upon approval, our team works with you to complete account setup and ensures your services are established.D

Step 4
Continue an ongoing partnership

Our cannabis and hemp banking team provides continuous, personalized service to help support your short- and long-term business goals.D

Cannabis and Hemp Industry Insights
Expand your expertise

The 2026 State of the Cannabis Industry report

Explore US cannabis market data, operator survey findings, policy analysis and financing insights.
This comprehensive cannabis market analysis draws on operator surveys, proprietary banking data and economic research from First Citizens, revealing how businesses are navigating pricing pressure, regulatory change and uneven access to capital entering the new year.
Industry Expertise

Building a cannabis business that lasts

See how North Carolina-based Open Book Extracts is expanding to serve the global cannabinoid marketplace.
Neundorfer's company, a leading manufacturer of premium hemp-derived cannabinoid products, is building a reputation as a trusted supplier committed to transparency and quality.
Industry Expertise

First Citizens & Green Leaf: Breaking barriers in cannabis banking

When Green Leaf committed to serving the cannabis industry, they faced major challenges. Here's how we're helping them innovate and break barriers.
Banking was a challenge the Green Leaf team was constantly trying to solve, but now, they feel a lot more comfortable.

First Citizens Bank & Trust Company and the parties referred to herein as "partners" are not "partners" of one another and have not entered into a "partnership", whether general or limited, as such term is used in the legal or literal sense.

There is a $150 monthly Specialty Banking fee associated with cannabis relationships. This fee will be charged to a designated checking account and is applicable per EIN. Account openings and credit are subject to bank approval. Individual state licensing and registration requirements apply. All accounts are subject to the terms and conditions included in our Depositors Agreement and Fee Schedules.

Account openings and credit are subject to bank approval.

Links to third-party websites may have a privacy policy different from First Citizens Bank and may provide less security than this website. First Citizens Bank and its affiliates are not responsible for the products, services, and content on any third-party website.

Third parties mentioned are not affiliated with First-Citizens Bank & Trust Company.

Bank deposit products are offered by First-Citizens Bank. Member FDIC and an Equal Housing Lender. icon: sys-ehl.

NMLSR ID 503941