Monday, January 24, 2022

banking

Meet The First Major Bank To Service The Canadian Marijuana Industry

Marking a dramatic shift in previous policy, this bank will enter the cannabis space through a financial agreement with licensed Canadian marijuana company Canopy Growth.

Florida Bank Shuts Down Accounts For Cannabis Businesses

The only bank in Florida that accepted deposits from state cannabusinesses announced it will no longer handle their money.

Why Cryptocurrency Is Gaining Acceptance In Cannabis Industry

Let's look at Bitcoin’s meteoric rise, which has seen the cryptocurrency skyrocket from just under $1,000 at the start of 2017 to above $10,000 in November.

S.F. Cannabis Businesses May Finally Have A Banking Solution

California is less than one month away from launching its long-awaited legal marijuana program, which economists forecast will be valued at $7 billion.

Banks And Marijuana: Will They Stop Doing Business With The Jacob Javits Center Too?

America's banking industry is thumbing its collective nose at the multi-billion dollar cannabis industry. What's the deal with banks and marijuana anyway?

Should California Start Its Own Bank For Marijuana Businesses?

Cannabis industry businesses and professionals face more challenges—due to legal restrictions and drug stigmas—than seen in any other marketplace in the United States.

Here’s How Banks Are Screwing Marijuana Consumers Every Day

Inside the conflict between state and federal laws that discourage banks from working with marijuana-related businesses even in legal cities.

Why This Traditional Brokerage Firm Is Betting Big On Cannabis

You know, mergers & acquisitions, equity financing, debt strategies and the like. So what is this staid institution doing in the cannabis business?
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