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The STATES Act a “FIX” to Cannabis Banking?

2023-03-16T14:03:30+00:00

It seems every few months lately we hear about a new bill introduced to address the conflict between federal law and the laws of the now 29 states that have legalized marijuana. Nevertheless, these bills never seem to make it out of committee. Public sentiment, and even sentiment in the highest levels of [...]

The STATES Act a “FIX” to Cannabis Banking?2023-03-16T14:03:30+00:00

Five Factors Affecting Cannabis Banking

2023-03-16T14:00:56+00:00

Arkansas voters passed the Medical Marijuana Amendment in November of 2016. Since then, entrepreneurs in the state’s newest industry have been working feverishly on business plans for cultivation facilities, dispensaries, testing facilities and other marijuana-related businesses (or “MRBs”).  The sale of marijuana – either medically, recreationally, or both – is currently legal according [...]

Five Factors Affecting Cannabis Banking2023-03-16T14:00:56+00:00

Republicans Block Marijuana Banking Measure

2023-03-16T13:57:10+00:00

Original Article Posted on Marijuana Moment By Tom Angell Republican congressional leadership is blocking consideration of a measure to allow marijuana businesses to deposit their profits in banks. Many financial institutions are currently afraid to serve cannabis businesses that are legal in a growing number of states because of ongoing federal prohibition and [...]

Republicans Block Marijuana Banking Measure2023-03-16T13:57:10+00:00

Banking in The Medical Marijuana Industry is a Quagmire of Opportunity

2023-03-16T13:50:34+00:00

By: David S. Mitchell, Jr. & Michael K. Goswami Introduction Aside from a lack of supportive federal legislation to legalize medicinal or recreational marijuana sales, the appropriately-named “marijuana banking problem” is without a doubt the largest hindrance to the legal marijuana industry. The legal marijuana industry is projected to be a $50 billion [...]

Banking in The Medical Marijuana Industry is a Quagmire of Opportunity2023-03-16T13:50:34+00:00

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