Due to difficulty in obtaining financial services and because marijuana is a “cash only” business, marijuana-related businesses (MRBs) face staggering..
Tag Archives: federal banking regulations and the legal cannabis industry
America’s cannabis industry may be booming, but its entrepreneurs are finding the all-cash business a logistical, security and administrative headache..
Banks would be able to do business with marijuana companies. (more…)
Most banks remain loath to accept pot business accounts out of fear of federal money laundering laws that can consider..
