Articles tagged with "banking"

Colorado’s Fourth Corner Credit Union can only serve ancillary cannabis businesses, not companies that touch the plant.

We’ve got hysteria over “scromiting,” another debunking of the gateway drug theory, support for legal cannabis in Ireland, reciprocity hypocrisy, and more.

Philippines President Duterte dismisses those pesky human rights violations, a 12-year old girl/badass sues Jeff Sessions, a former wrestler verbally bodyslams some nosy cops, and more.

It might seem a match made in heaven: cash-flush industry rejected by banks meets untraceable monetary system. So why is business still done in cash?

The armored car tax collection solution came about amid fears that operators carrying large bags of cash could be targets for theft.

Banks are refusing to deal with companies linked to cannabis in order to follow international financial laws that ban receiving money tied to the drug, pharmacists and officials said.

Hawaii said Tuesday that it will be the first state to require marijuana sales to be handled without cash, saying it wanted to avoid robberies and other crimes targeting dispensaries.

California officials are intrigued by the idea of a state-sponsored bank to work with the cannabis industry. It wouldn’t be easy.

Orlando-based First Green Bank is giving new meaning to its name by offering financial services to cannabis businesses.

California expects to collect $1 billion a year in new cannabis tax revenue. But governments will likely miss out on money without an easy, secure way to pay.