Los Angeles city leaders are looking into the possibility of setting up a public bank that would do business with..
Tag Archives: cannabis business banking issues
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..
Due to difficulty in obtaining financial services and because marijuana is a “cash only” business, marijuana-related businesses (MRBs) face staggering..
The state’s working group was created after California voters passed Proposition 64 that legalized adult-use cannabis in the state. (more…)
America’s cannabis industry may be booming, but its entrepreneurs are finding the all-cash business a logistical, security and administrative headache..
