banking

Cannabis

Florida Bank Shuts Down Accounts For Cannabis Businesses

Terry Hacienda - December 28, 2017

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

Cannabis

Why Cryptocurrency Is Gaining Acceptance In Cannabis Industry

MJ News Network - December 8, 2017

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.

Cannabis

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

Terry Hacienda - December 6, 2017

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

Cannabis

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

Al Olson - August 28, 2017

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?

Cannabis

Should California Start Its Own Bank For Marijuana Businesses?

Kent Gruetzmacher - July 28, 2017

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.

Cannabis

Here’s How Banks Are Screwing Marijuana Consumers Every Day

Third Way - May 24, 2017

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

Cannabis

Why This Traditional Brokerage Firm Is Betting Big On Cannabis

Al Olson - January 16, 2017

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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