Banking

The Budding U.S. Cannabis Industry Needs Normal Access to Business Banking and Insurance

Systemic barriers to basic banking and insurance services are muffling the cannabis boom much more than is generally realized.

Sarabeth Flowers Lewis

· 5 min read

Why the Trend of Going Public in Canada May be Ending

U.S. cannabis companies feel more positively than ever about the future of the industry and trading publicly here.

David Feldman

· 8 min read

The Politics of Reforming Federal Marijuana Laws Increasingly Favors the Reformers

Business interests and public opinion clearly favor ending prohibition but the status quo still has a lot of momentum.

Jeffrey L. Smith

· 6 min read

U.S. Bank Subsidiary Backs Out of Handling CBD Payment Processing

Hemp and CBD are legal but not yet legal enough for risk-adverse bankers.

Caroline Cahill

· 3 min read

Cannabis Banking Bill Wins Approval in Crucial House Committee

The fate of the SAFE Banking Act is far from certain but there is progress to celebrate.

Jeffrey L. Smith

· 4 min read

Federal Regulators Are Blocking the Cannabis Boom but Congress Keeps Them In the Way

The Federal Reserve and FDA want Congress to clarify how to regulate a product that, strictly speaking, is prohibited.

Alex Somjen

· 4 min read

With Democrats in Control, House Looks at Ending Cannabis Banking Restrictions

The federal government taxes cannabis mercilessly, and all in cash.

dispensaries.com

· 5 min read

Your Cannabis Company Can Get a Bank Account but Not Easily

Opening an account is challenging but in many states banks are increasingly accepting deposits from of cannabis companies.

Christian Hageseth

· 6 min read

Cryptocurrencies Could Solve 2 Big Problems for the Cannabis Industry

Marijuana businesses are mostly blocked from banks and have onerous compliance obligations. Blockchain is a promising solution to both problems.

Scott McGovern

· 7 min read

She Co-Founded One of the First Investment Funds in the Cannabis Industry

U.S. banking regulations making cannabis the toughest business there is for funding and investing.

Cynthia Salarizadeh

· 5 min read

New York Officials Urge Banks to Work With Marijuana Industry

New York state officials, including the governor, have gone on the record saying cash-only businesses are a public safety problem.

dispensaries.com

· 3 min read

A Tale of Neighboring Countries and Their Very Different Legal-Marijuana Banking Systems

Federal law all but requires legal marijuana to operate strictly in cash, while in Canada banks are helping that nation's cannabis industry boom.

dispensaries.com

· 3 min read