» Posts tagged "banking"

Bill to recognize states’ rights on marijuana gets Trump support

By Naomi Klouda in Alaska Journal of Commerce Photo: Sen. Elizabeth Warren, D-Mass., and Sen. Cory Gardner, R-Colo., hold a press conference to discuss bipartisan action they are taking. Alaska U.S. Sens. Lisa Murkowski and Dan Sullivan have signed on to the measure, which also has the support of President Donald Trump. (Photo/Sarah Silbiger/CQ Roll Call) […]

Many complications, but few solutions in banking

By Jana Weltzin in Marijuana Venture Magazine Due to the lack of traditional banking services, cannabis business owners are faced with a cash management and security disaster. Cannabis appears to be the only state-sanctioned business whose financing ability is restricted to private individual loans that are usually unsecured and subject to extremely high interest rates. […]

Marijuana banking faces extra scrutiny for businesses

by Jana Weltzin in Marijuana Venture Magazine Despite growing support for legalization of cannabis, federal law remains stagnant, making banks uneasy about doing business with cannabis companies. The federal government has yet to enact an authoritative law that explicitly gives banks the blessing to do business with cannabis companies. However, the U.S. Department of Justice’s guidance […]

Check out this article I'm quoted in regarding #cannabis excise tax.