Marijuana prohibition never stopped marijuana sales. Blocking legal marijuana businesses from the legal banking system isn’t working, either.
It used to be taboo.
If New Yorklegalizes marijuana use, it could create a $3.1 billion market, New York City Comptroller Scott Stringer told CNBC.
As the cryptocurrency conference Consensus heads into its second day, it’s clear that the buzz around blockchain will only continue to grow.
Bank of Montreal is emerging as the most aggressive of Canada’s big banks in the cannabis industry.
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.
On Jan. 1, 2018, the US’s largest and most populated state — California — oversaw the legalization of recreational marijuana.
The U.S. alcohol trade hasn’t had any real competition for more than eight decades, which has given it a clear path to become the mega $223 billion industry that it is today.
Before you jump into starting a cannabis business, find out what the outlook is for this currently booming industry.
In the boardroom at his former merchant bank office in Calgary, Sonny Mottahed is taking down a black-and-white photo of the wooden derricks over Spindletop, the historic crude find that started the Texas oil boom.