Tag: banking

While the federal reclassification of cannabis to Schedule III is being hailed as a historic milestone, for dispensary owners, the “victory” comes with a complex set of operational strings attached. From the selective application of 280E tax relief to the slow-moving evolution of the banking sector, the transition is more about precision than celebration. This guide breaks down why the “medical lane” is the new front line of profitability, how to audit your revenue streams for upcoming tax shifts, and why compliance documentation is now more critical than ever.

Is your cannabis business truly “bank-ready”? While operators often focus on total revenue, financial institutions are looking at something entirely different: operational discipline. In this “Inside the Bank” exclusive, banking executives reveal why internal controls and deposit consistency matter more than your bottom line. Discover the specific red flags — from unpredictable deposit spikes to weak documentation — that put your accounts at risk, and learn how to build a long-term compliance partnership that will secure your company’s future.

The ability to access capital is a critical component for most businesses, but for those in the cannabis industry, it can be especially difficult....

Cannabis retailers face a difficult set of challenges, particularly when it comes to an area most other sectors take for granted: payment processing. As...

The world of finance can feel like a bit of a wild ride for professionals working in the cannabis space. Because of the unique...

WASHINGTON – Organizers behind the B2B conference for cannabis industry payments, banking, and compliance (PBC) released a new banking directory this week. The comprehensive...

Closed accounts. A lack of payment processing. Solutions that are short-lived or too good to be true. Running a business in this industry can...

Although medical or adult use is legal in thirty-eight states, four United States territories, and Washington D.C., the fight to legalize the plant on...

It's the time of the year when businesses of every industry prepare for tax season. For the cannabis industry, seasoned plant-touching business owners and...

New York -- ALM Global released the sixth course in the six-course Cannabis Insurance Coverage Specialist (CICS) designation, Banking and Cannabis: Best Buds or Up...