Recreational or medicinal cannabis is now legal in 35 states and the District of Columbia. But cannabis is still a Schedule I controlled substance under…
Tag:
Banking
-
-
The Financial Crimes Enforcement Network (FinCEN), which collects and analyzes information about financial transactions in order to combat domestic and international money laundering, terrorist financing…
-
Businesses that operate in the marijuana industry face many challenges, but none is greater than the fact that they are denied banking services by most…
-
With the current push for the legalization of recreational cannabis across several states, the cannabis industry is being forced to face difficult choices with respect…
-
If you ask anybody involved in legal cannabis about their biggest concerns for the industry, banking will certainly be one of the top answers. It’s…
-
Investment advisers and broker-dealers ask more and more whether they can safely provide investment services to prospective customers in the marijuana industry. There is still…
-
One of the biggest challenges for marijuana-related businesses is obtaining access to banking and other financial services. As long as marijuana remains illegal at the…
-
Most professional cannabis retailers know the struggles of collecting and making payments within the marijuana industry. For years, even in states where medical weed has…
-
We live in a credit/cash-equivalent based economy. Yet, cannabis businesses still rely on cold, hard cash for virtually everything and face immense burdens when it…
-
New administration’s anti-marijuana cabinet could play a major role in restricting — or recriminalizing — state-legal businesses In just a few short years, legal cannabis…