California Treasurer John Chiang wants the state to consider creating a government-owned bank that could serve cannabis businesses, one of several recommendations..
Tag Archives: solutions for cannabis business banking issues
One of the hardest things for a legal marijuana business to do is open a bank account, because Federal law..
The short answer: potentially yes, but options are limited. (more…)
Lawyer Mitchell Kulick talks about cash-only cannabis dispensaries and the role federal banking laws play. (more…)
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...
