Articles tagged with "banking"
53 total articles - Page 3 of 6
Cannabis Credit Union Gets Go-Ahead From Federal Reserve
Bruce Kennedy - Published on February 6, 2018Read moreColorado’s Fourth Corner Credit Union can only serve ancillary cannabis businesses, not companies that touch the plant.
‘It Is Not a Major Public Health Hazard’: The Week in Cannabis Quotes
Rebecca Kelley - Published on December 8, 2017Read moreWe’ve got hysteria over “scromiting,” another debunking of the gateway drug theory, support for legal cannabis in Ireland, reciprocity hypocrisy, and more.
‘Human Rights? Lay Off, That Is None of Your Business’: The Week in Cannabis Quotes
Rebecca Kelley - Published on November 10, 2017Read morePhilippines President Duterte dismisses those pesky human rights violations, a 12-year old girl/badass sues Jeff Sessions, a former wrestler verbally bodyslams some nosy cops, and more.
![]()
Why Cannabis and Cryptocurrency Have Yet to Hit It Off
Chase Scheinbaum - Published on November 9, 2017Read moreIt might seem a match made in heaven: cash-flush industry rejected by banks meets untraceable monetary system. So why is business still done in cash?
![Los Angeles legal cannabis consumers will pay an estimated $128 million to the city in 2021. Above, a 2017 AP file photo of a dispensaries' monthly tax payment. (AP Photo/Jae C. Hong,File)]()
California Proposes Armored Cars to Transport Cannabis Tax Money
The Associated Press - Published on November 7, 2017Read moreThe armored car tax collection solution came about amid fears that operators carrying large bags of cash could be targets for theft.
![]()
Uruguay Setting up New Cannabis Shops After Challenge by Banks
The Associated Press - Published on September 14, 2017Read moreBanks are refusing to deal with companies linked to cannabis in order to follow international financial laws that ban receiving money tied to the drug, pharmacists and officials said.
![]()
Hawaii Says It’s 1st State to Go Cashless for Cannabis Sales
The Associated Press - Published on September 12, 2017Read moreHawaii said Tuesday that it will be the first state to require marijuana sales to be handled without cash, saying it wanted to avoid robberies and other crimes targeting dispensaries.
![]()
Would a ‘Public Cannabis Bank’ Really Work in California?
Justin Hampton - Published on August 22, 2017Read moreCalifornia officials are intrigued by the idea of a state-sponsored bank to work with the cannabis industry. It wouldn’t be easy.
![]()
‘First Green Bank’ Is Florida’s First to Serve Cannabis Industry
Gage Peake - Published on August 14, 2017Read moreOrlando-based First Green Bank is giving new meaning to its name by offering financial services to cannabis businesses.
![]()
Inside a Nerve-Rattling Trip to Pay Cannabis Taxes in Los Angeles
The Associated Press - Published on August 3, 2017Read moreCalifornia expects to collect $1 billion a year in new cannabis tax revenue. But governments will likely miss out on money without an easy, secure way to pay.
