One of the hardest things for a legal marijuana business to do is open a bank account, because Federal law..
Tag Archives: banking
The bank could also cater to cannabis businesses, who deal primarily in cash since they are illegal under federal law...
The short answer: potentially yes, but options are limited. (more…)
HONOLULU (AP) — Hawaii said Tuesday that it aims to be the first state to have marijuana sales handled without..
Lawyer Mitchell Kulick talks about cash-only cannabis dispensaries and the role federal banking laws play. (more…)
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...
