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Tag: cannabis banking
ALM Announces New Course on Banking and Cannabis
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...
8 Financial Services Providers and Cannabis Banks to Explore in 2023
One of the biggest headaches for cannabis businesses is lack of support from financial services providers and banking institutions. The current scarcity of access...
New Poll Finds Overwhelming Majority (73%) of GOP Voters Support Cannabis Banking & U.S....
WASHINGTON D.C. -- Support for legal cannabis, including companies having access to banking services and U.S. capital markets, reached a new high among Republican...
Shield Compliance and POSaBIT Bring Compliant Cannabis Banking and Payments to the Industry
SEATTLE - Shield Compliance (www.shieldbanking.com) and POSaBIT (www.posabit.com) announced a strategic alliance to provide cannabis-related businesses (CRBs) and financial institutions a complete end-to-end view...
Federal Legalization Won’t Fix Cannabis Banking
Many people see federal cannabis legalization as the light at the end of the tunnel, believing a national market will cause the industry’s most...
Potential Municipal, State Bankruptcy Crisis Could Help End Prohibition
Financial institutions in the United States, including state-chartered banks, are inextricably intertwined with the federal banking system and federal law. Since cannabis is considered...
Managing Cash Flow Cycles
An old friend of mine is a successful Silicon Valley investor and venture capitalist. When I recently asked him what he expects of the...
The Cannabis Banking Problem and the Big Shakeup Still to Come
The cannabis industry has dramatically evolved in many ways since the first legal adult use program was established in Colorado back in 2012. One...
California Agriculture Dept. Proposes Emergency Cannabis Banking Regulations
SACRAMENTO, Calif. – The California Department of Food and Agriculture (CDFA) filed proposed emergency regulations that would implement provisions of Assembly Bill 1525 with...
House Democrats Include Cannabis Banking Provision in Heroes Act 2.0
WASHINGTON, D.C. – House Democrats this week introduced a revised stimulus bill to offset economic hardship incurred due to the ongoing COVID-19 pandemic. The...