Tag: banking
Greenbax Marketplace: ‘Business as Usual’ for Unusual Businesses
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...
The Cost of Doing Business in Cash
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...
7 Best Practices for Audit Preparation in the Cannabis Industry
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...
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...
The $7B Cashless ATM Workaround Is Closing Fast
LOS ANGELES – Dispensaries and delivery services across the country are scrambling for alternatives to replace the popular so-called cashless ATM payment option that...
Opinion: Main Street and the State of the American Dream
May you live in interesting times.” Whether you perceive those words as a curse or a call, we are indisputably living through incredibly interesting...
The Turnaround Guys
While most of the industry sees the looming landmark of federal legalization as the moment the market’s potential will be unleashed, those with a...
The American Voter Supports Cannabis Business Banking Access
WASHINGTON, D.C. - A new poll has revealed a majority of American voters support allowing legal cannabis businesses to access banking services. The survey,...
The CLIMB Act Would Greatly Expand Access to Financial Services
WASHINGTON - The Capital Lending and Investment for Marijuana Businesses (CLIMB) Act was introduced Thursday by U.S. Congressmen Troy A. Carter, Sr. (D-LA) and...
A Bipartisan Omnibus Bill Is Gaining Steam in Congress
WASHINGTON - Senate Majority Leader Chuck Schumer (D-NY) reportedly is discussing with other congressional leaders a bipartisan omnibus cannabis bill that would grant new...
