The Cannabis Business Banking Crisis

Posted on: June 17th, 2018 by admin No Comments

By Rachelle Lynn Gordon, NCIA Editorial The fledgling legal cannabis industry has faced numerous challenges since California voters made the state the first to approve the plant for medical use in 1996. Since then, an additional 29 states and the District of Columbia have legalized cannabis for either medical and/or adult-use purposes yet it still… The post The Cannabis Business Banking Crisis appeared first on The National Cannabis Industry Association .

VIDEO: The Cannabis Industry’s Banking Crisis – Explained

Posted on: June 16th, 2018 by admin No Comments

The cannabis industry faces many hurdles along the path to federal legalization.

Special session begins with attempt to get medical marijuana bill onto agenda – WSAZ-TV

Posted on: May 21st, 2018 by admin No Comments

WSAZ-TV Special session begins with attempt to get medical marijuana bill onto agenda WSAZ-TV CHARLESTON, W.Va. (WV Metro News) — CHARLESTON, W.Va. — The special legislative session kicked off with an attempt by House Democrats to introduce a medical marijuana bill and move it right to the floor.

Member Blog: Cannabis and the Canadian Public Markets

Posted on: April 9th, 2017 by admin No Comments

By Charles Alovisetti and Brett Williams, Vicente Sederberg, LLC While the American cannabis industry ponders the strange twist of fate that was the 2016 election, our cannabis neighbors to the north are experiencing unprecedented levels of capital markets activity. There are now over thirty publicly listed cannabis companies in Canada trading on three different exchanges…. The post Member Blog: Cannabis and the Canadian Public Markets appeared first on The National Cannabis Industry Association .

A Closer Look at the “Flurry” of Cannabis Legislation in Congress

Posted on: April 8th, 2017 by admin No Comments

by Michael Correia, NCIA Director of Government Relations Last week, we saw Congress introduce a flurry of marijuana related legislation, with many aspects directly affecting the cannabis industry. Taking the lead on bill introductions were cannabis champions Rep. Earl Blumenauer and Sen

Banks don’t always welcome medical marijuana dollars – Bellingham Herald

Posted on: May 1st, 2012 by admin No Comments

After two years of wild growth, the medical marijuana industry in the state is bogged down by troubles with banking and federal taxes. In some cases, dispensaries – unable to find a willing bank – are operating solely with cash. That complicates everything from payroll to tax preparation while heightening the risk of robbery.

Banks don’t always welcome medical marijuana dollars – TheNewsTribune.com

Posted on: May 1st, 2012 by admin No Comments

After two years of wild growth, the medical marijuana industry in the state is bogged down by troubles with banking and federal taxes. In some cases, dispensaries – unable to find a willing bank – are operating solely with cash. That complicates everything from payroll to tax preparation while heightening the risk of robbery

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