The rapidly-growing cannabis industry has a cash problem, but dispensary owners around the country say cryptocurrency isn’t a miracle solution. (more…)
Tag Archives: financial institutions and the legal marijuana business
Many pot-related businesses need to be creative when it comes to banking. (more…)
Lawyer Mitchell Kulick talks about cash-only cannabis dispensaries and the role federal banking laws play. (more…)
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..
Banks would be able to do business with marijuana companies. (more…)
Canadian marijuana payment processor startup Merrco Payments Inc. is among a new crop of companies marrying two of today’s trendiest business..
Most banks remain loath to accept pot business accounts out of fear of federal money laundering laws that can consider..
Recognizing the cash problem that faces not only the marijuana industry, but millions of unbanked individual taxpayers, the IRS is..
The inability to apply for tax breaks and the lack of banking options for weed workers could change, if a..
States that have legalized marijuana are working on regulatory fixes to allow the cannabis industry the access to banks that..
