The Cannabis Industry Needs Banking Now
The notion that cannabis may cure, treat or prevent COVID-19 makes some people roll their eyes.
Browsing: banking
House to Vote on Bipartisan Cannabis Banking Bill This Month
The House will vote later this month on a bipartisan bill that will allow cannabis businesses access to the federal banking system.
SAFE Act Passage Would Mean Safe Cannabis Banking for All
In September 2018, a member of my company’s executive team spoke on Capitol Hill about the lack of financial services available to cannabis companies and the challenges of operating in an all cash environment.
A Candidate Backed Medical Marijuana. Wells Fargo Closed Her Bank Account.
Nikki Fried, a Democrat running for agriculture commissioner in Florida, has made no secret of her support for medical marijuana.
Washington State Marijuana Companies Getting Some, But Not All Banking Services
Recreational marijuana has been legal in Washington State since 2014 and increasingly, cannabis companies are finding credit unions and small community banks open to serving their basic financial needs.
A 3 Part Plan to Fix Legal Weed in the U.S. was Just Released by Two Oregon Lawmakers
Two Oregon lawmakers plan to introduce an ambitious marijuana law reform package in Congress Thursday, proposing a raft changes that could wipe away thousands of pot-related criminal convictions and make life much easier for everyone involved in the legal weed business.
2 of Canada’s Top Banks Back Away From Marijuana Industry
Business clients with Scotiabank, Royal Bank scramble to find other financial institutions.
Lawyer Offers Five Facts to Know Before Starting a Marijuana Business
As a lawyer for the Cannabis industry, Steve Schain says he helps entrepreneurs, “dodge landmines” and hold onto their revenue.
Pot Dispensaries Flood California Tax Office With Weed-Smelling Cash
The businesses have no access to traditional banking
Making a Business out of Marijuana isn’t Easy
Running a marijuana business is more than a pipe dream, says Justin Breidenbach: It’s about taxes, banking, liability, supply and demand.
