Category: Marijuana Banking Problems

State treasurers want meeting with AG Jeff Sessions about cannabis

LOS ANGELES — California, Oregon and other marijuana-friendly states are seeking a meeting with U.S....

​The Ins and Outs of Cannabis Industry Banking

Banking in the cannabis industry up to this point is virtually non-existent, at least not...

Main bank for Illinois’ medical marijuana industry is pulling out, leaving some operators to deal in cash

The main bank serving Illinois medical marijuana companies is pulling out of the industry, leaving...

Treasurer still working on solution to medical marijuana banking crisis

CHARLESTON — State Treasurer John Perdue plans to join forces with treasurers in at least...

Cash-heavy marijuana industry faces banking, security challenges

Armored cars. Remote cash collection machines. Blockchain technology. A state-run marijuana bank. All of these...

Medical Marijuana Business Banking Remains Difficult, Lawyers Say

The banking industry is a major hurdle for the medical marijuana business in New York...