Tag Archives: California and cannabis industry banking issues
As the state prepares to fully legalize marijuana, established players are wary of new generation of start-ups. (more…)
California has a possible solution to the problem of banks being unwilling to handle money from the state’s multibillion-dollar legal..
California cannabis entrepreneurs will earn $5.2B in revenue in 2018 as recreational use becomes legal there. (more…)
California Treasurer John Chiang wants the state to consider creating a government-owned bank that could serve cannabis businesses, one of several recommendations..
Experts say the region’s legal cannabis sector could face a long and costly recovery following a series of catastrophic wildfires..
Full marijuana legalization goes into effect in January – but will the state be ready? (more…)
Recreational marijuana use becomes legal in California in 2018, and one of the things to blossom in the emerging industry..
The bank could also cater to cannabis businesses, who deal primarily in cash since they are illegal under federal law...
LOS ANGELES (CN) — When California voted to legalize recreational marijuana, the state immediately faced a conundrum: how to provide..
Of the many roadblocks confronting cannabis entrepreneurs, access to banking services is among the biggest and costliest. (more…)
Five months before California formally legalizes recreational marijuana sales, there’s no sign that the cash conundrum will be fixed. (more…)
Los Angeles city leaders are looking into the possibility of setting up a public bank that would do business with..