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Articles tagged with "banking"

53 total articles - Page 4 of 6

  • LA Proposals Would Ban Most Dabs, Create Cannabis Bank

    Gage Peake - Published on July 27, 2017

    Council President Herb Wesson wants to outlaw extraction using volatile chemicals. Bright side: He also wants to start a cannabis bank.

    read more
  • PNC Bank Closes Marijuana Policy Project Account

    Gage Peake - Published on June 21, 2017

    For 22 years, the Marijuana Policy Project has conducted its banking with the PNC Financial Services Group. The long relationship was severed yesterday.

    read more
  • California Asks Major Insurance Carriers to Cover Cannabis Industry

    Gage Peake - Published on June 2, 2017

    Despite legalization, large insurance carriers have generally stayed away from the industry. California wants to change that.

    read more
  • With Big Banks Absent, IRS Gears up for Flood of Tax Cash

    Chase Scheinbaum - Published on April 3, 2017

    For cannabis businesses looking to make timely payments to the tax man, a new program is a welcome gesture—even if it won’t actually help many people.

    read more
  • Illinois Treasurer Asks Trump to Assure Banks on Cannabis

    The Associated Press - Published on January 24, 2017

    The Illinois treasurer has sent President Donald Trump a letter urging him to give clear guidance to the banking industry about medical marijuana.

    read more
  • Elizabeth Warren Wants to Get the Cannabis Industry Out of Banking Limbo

    The Associated Press - Published on January 3, 2017

    Sen. Elizabeth Warren is leading an effort to ensure vendors working with cannabis businesses don’t have their banking services taken away.

    read more
  • Senators Call for Cannabis Banking Reform

    Lisa Rough - Published on December 15, 2016

    A bipartisan group of Senators contacted a federal financial institute asking for guidance on the woes of banking in the cannabis industry. Will they respond?

    read more
  • Next Milestone for Alaska’s Young Cannabis Industry: Paying Taxes

    The Associated Press - Published on November 17, 2016

    At least initially, Alaska’s legal cannabis businesses will have to make tax payments to the state by dropping off or mailing bundles of cash.

    read more
  • PotCoin: Can the Cryptocurrency for Cannabis Live up to Its Hype?

    Chase Scheinbaum - Published on October 12, 2016

    PotCoin promises to bring convenient, anonymous purchases to the legal cannabis market. But can it deliver?

    read more
  • State of the Leaf: Are Dispensaries (Finally) Coming to Michigan?

    Lisa Rough - Published on September 15, 2016

    Canadian banks pull plug on medical marijuana clients, New Jersey OKs cannabis for PTSD, and U.K. report says ignoring medical benefits is “irrational.”

    read more
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