banking

What Will Congress Do With Cannabis Banking Following Initial Hearings?

To date, no bank that has dared work with marijuana, but that hasn’t given most of them the peace of mind to engage in this practice consistently like they do with other business sectors.

New Alaskan Pilot Program Will Offer Banking Services To Weed Businesses

Credit Union 1’s pilot program in Alaska can make a positive difference, especially by lessening various risks caused by an all-cash cannabis industry.

Legal Marijuana States Beg Congress For Banking Protections

One of the most dangerous aspects of the cannabis industry is that it is forced to operate as a mostly cash businesses.

Americans Are Not Here For Your Ridiculous Online Security Questions

A new study reveals the amount of security that currently exists, especially online, is exhausting. Analytic software firm FICO commissioned a study of 2,000 American adults and 81 percent said there are way too many unnecessary security measures.

New York Is Encouraging Banks To Work With Cannabusiness

The New York Department of Financial Services (DFS) is urging state-chartered banks and credit unions to work with fully compliant medical marijuana business.

Federal Marijuana Banking Measure Blocked By Senate Committee

Marijuana businesses waiting to deposit their cash in the bank will have to continue waiting,...

Breaking Cannabis Banking: Tips On Getting An Account

In my previous post, I wrote about avoiding the scammers that abound when it comes...

Is Cannabis Banking In California On The Horizon?

Just last week, US Attorney General Jeff Sessions, while testifying before the US Senate, surprisingly said that cannabis should be researched and that there may be some benefits to medical marijuana.

Why Is Compton, CA Rejecting Legal Marijuana Sales?

Kendrick Lamar hails from a long list of Compton rap progenies—a list that includes the likes of Eazy-E, The Game, and Dr. Dre, whom he collaborated with for a song on his debut album called The Recipe.

Red Herring Alert: Should California Have A Public Cannabis Bank?

It seems like every state in its own way has tried to grapple with a...