©2026 Incunabulum LLC. All rights reserved. mg Magazine is a registered trademark of Incunabulum LLC. The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with prior written permission.
Tag: banking
Weedmaps Grand Jury Subpoena Raises Concerns for Entire Cannabis Industry
IRVINE, Calif. – Ghost Management Group LLC, parent company of online cannabis platform Weedmaps, in September received a subpoena naming dozens of businesses and...
Are Cannabis Entrepreneurs Prepared to Navigate COVID-19’s Challenges?
The global outbreak of COVID-19 has created alarming headwinds with no clear end in sight for nearly every industry. In the coming months, businesses...
Four Pivotal Pieces of Legislation Will Change Colorado’s Cannabis Industry
With the start of 2020 comes a host of new legislation aimed at the Colorado cannabis industry. The state continues to be a preeminent...
Cryptocurrency Won’t Solve the Industry’s Payment Issues
It’s time to make a bold statement: Cryptocurrency has no place in the cannabis industry. Every time a new cryptocurrency payment option launches and...
Finding Financial Solutions in the Cannabis Industry
Finding reliable banking and payment processing in the cannabis industry is extremely challenging. On the one hand, cannabis has been legalized in several states...
Will New Hemp Guidelines in Banking Lead to Opportunities for Cannabis?
At the beginning of December, the CBD industry received welcome news: Five different federal banking regulators came together and issued guidance to banks with...
Colorado Releases ‘Roadmap’ to Banking Services for Cannabis Industry
ARVADA, Colo. – Democratic Colorado Governor Jared Polis and the Colorado Department of Regulatory Agencies (DORA) today announced the release of "Roadmap to Cannabis...
California Will Raise Cannabis Taxes in January
SACRAMENTO – The California Department of Tax and Fee Administration (CDTFA) announced the state will increase the basis for excise tax on legal cannabis...
House of Representatives Approves Cannabis SAFE Banking Act
WASHINGTON, D.C. – The U.S. House of Representatives today, in a historic vote, approved legislation that would allow legal cannabis businesses access to banking...
Billionaire Launches Swissx Bank of Cannabis, Cryptocurrency
GSTAAD, Switzerland – Cypriot billionaire scion and businessman Alkiviades David, also known as Alki, has launched the Swissx Bank of Cannabis, in order to...