A total of 812 banks and credit unions filed paperwork with the federal Financial Crimes Enforcement Network as of June 30, 2023, acknowledging involvement with…
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Financial
Failure to pass comprehensive federal cannabis reform will cause continued decline in the value of cannabis companies and fuel an already emboldened black market industry.…
A lack of traditional banking options has plagued the cannabis industry since Colorado first legalized adult-use cannabis through a constitutional amendment on November 6, 2012…
“There’s no longer a banking problem in cannabis,” says Nathaniel Gurien, the CEO of Fincann, a consulting firm that helps provide legal marijuana and CBD…
Finding banking has historically been a challenge for the legal cannabis industry and, despite major progress, many cannabis entrepreneurs, financial institution (FI) professionals, and other…
I have taught risk management and insurance for more than 30 years, and certain lessons along the way have stuck with me. One lesson I…
For entrepreneurs who want to start a new cannabis business, the capital raise can be as challenging as the licensing process. I often warn new…
Reputation matters greatly in this industry. To attract new customers, gain loyalists, earn the respect of business partners and win over investors, you need to…
The cannabis industry is the fastest-growing industry in the United States, and it’s experiencing a period of rapid change and development as the sector continues…
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…
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