Are there any industries we don't work with?

As Crezco is FCA regulated, there are some restrictions on the type of industries we support. 

Non-permitted industries – global

  • Weapons / military-grade security
  • Multi-level marketing
  • Pawnbrokers 
  • Political organizations 
  • Precious metals and stones, including diamond traders 
  • Adult entertainment
  • Drug paraphernalia
  • CBD and related products 
  • Carbon credits, including carbon credits traders
  • Cryptoassets
  • Gambling
  • Ponzi / pyramid schemes
  • Firms involved in the servicing of illegal goods/services including but not limited to: counterfeit goods/trademark infringement, human trafficking, child labor, prostitution.
  • Mining and extraction
  • Scrap metal traders
  • Energy traders
  • Speculative trading


Non-permitted industries – USA

  • Chemicals
  • FDA classified medical devices 
  • Medications or prescription drugs
  • Alcohol
  • Tobacco
  • Dietary supplements
  • Seeds or plants 
  • Regulated financial services
  • Outbound telemarketing

 

Non-permitted client types

  • Financial Institutions making payments on behalf of other financial institutions, also known as ‘nested relationships’ or ‘layering.’
  • Shell banks
  • Unregistered charities

 

If you're unsure if this list applies to you, reach out to support so we can advise you.