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Blockchain

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.
Investing

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.
Banking

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.
Cannabis

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.
Cannabis

California Studies Viability of a Public Bank for Marijuana Businesses

Exclusion from federally regulated banks is a big problem for the cannabis industry that California is considering how to solve.
Cannabis

Cannabis Industry Heads to Washington to Tell Congress What It Needs to Thrive

Legal marijuana is on track to soon be a $40 billion industry. It could be much bigger still if Washington allowed it.
Cannabis

Illinois Asks Trump to Let Banks Take Medical Marijuana Business

Federal rules effectively barring marijuana businesses from using banks stymie the medical marijuana industry.
Cannabis

Senators Push Treasury Department to Loosen Marijuana Banking Restrictions

Senators Elizabeth Warren and Bernie Sanders want regulators to stop penalizing legitimate vendors hired by marijuana businesses left in a legal gray area between state and federal law.
Cannabis

Survey Finds Oregon Residents Support Banks Working With Marijuana Industry

Banks and credit unions often cite "reputational risk'' as a reason for not working with cannabis businesses but research shows there is little risk they would be stigmatized.
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