Lawyer Mitchell Kulick talks about cash-only cannabis dispensaries and the role federal banking laws play. (more…)
Tag Archives: banking accounts and legal marijuana businesses
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..
The world of cannabis banking is so full of contradictions that one business can truck money to a federal facility..
Most bank risk managers appear to be taking a zero-tolerance position with regard to cannabis-related funds. But banks cannot suddenly..
DENVER — Colorado’s two U.S. Senators are leading a new bipartisan effort to provide banking for marijuana businesses. (more…)
There’s so much money to be made in cannabis, but not a lot of places where you can put it...
Republican and Democratic senators on Wednesday renewed their drive to make banking easier for marijuana-based businesses in those U.S. states..
Last month compliance platform Würk raised $2 million to bring its total seed round to $3 million. (more…)
Due to difficulty in obtaining financial services and because marijuana is a “cash only” business, marijuana-related businesses (MRBs) face staggering..
