The banking industry has given the cannabis industry headaches since the very beginning of the cannabis industry. Banks and credit unions have long shunned cannabis
I’m covering the Marijuana Business Association Canna Business & The Law seminar in Seattle. On the second panel, “Managing Your Marijuana Business Money”, Bob Schweigert
Numerica Credit Union has announced that they will work with legal marijuana growers and processors in Washington State. Numerica Credit Union decided to not open
We recently posted that Colorado lawmakers shot down marijuana banking rules. We added ‘for now’ to the title, because we felt that marijuana banking rules in Colorado
Right now as you are reading this article, chances are someone in Colorado is making a legal marijuana purchase. The transaction involves cash, the amount
By Sabrina Fendrick, NORML Director of Women’s Outreach On Sunday February 16th, I bought legal weed for the first time from a recreational cannabis store in Denver,
The Dept of Justice has announced new federal guidelines for providing financial services to marijuana-related businesses under the Bank Secrecy Act : “BSA Expectations Regarding Marijuana-Related
This afternoon, the Obama Administration announced new guidelines that will allow banks to legally provide financial services to state-licensed marijuana businesses. Twenty states and Washington D.C. have
There was a lot of big marijuana news that occurred this week, but the biggest news came out of Washington D.C. today. United States Attorney
Courtesy of The Joint Blog Cannabis businesses wanting the ability to bank legitimately are likely to get at least a “yellow light” allowing them to do so as
One of the biggest obstacles facing the marijuana industry is banking. The federal government has not yet signaled that they will allow banks and credit
Courtesy of The Joint Blog In an announcement that will have deep implications for the newly-legal recreational cannabis industry in Washington State, Bank of America has
One of the federal government’s strongest tactics that they use in the war against marijuana is pressuring banks to avoid doing business with medical marijuana
Banking Is An Issue For Many Medical Marijuana Businesses One of the most interesting panels I have ever attended was at the 2012 National Marijuana
Be Careful Where You Put Your MMJ Assets I just saw the following message come across Sensible Washington’s Facebook page, and felt the need to
By Steve Elliott of Toke of the Town Colorado medical marijuana business owners are desperately writing letters to every bank in the country asking if
by David Borden We’ve reported this year on moves taken by the feds this year in California and Colorado putting pressure on banks with regard
By Steve Elliott of Toke of the Town Even as protesters decrying how out of touch bankers are with everyday Americans are occupying Wall Street,
The lone bank in the state of Colorado that was publicly doing business with the flourishing medical marijuana industry decided it will be closing all
By Clarence Walker. Federal regulators ignited a firestorm of controversy recently when they ordered banks located in the North Coast area of California to spy
Here is a very alarming e-mail that I just received. Figured it was worth passing along: Dear Johnny, Since June of 2008, ASA has been
