Congressional Republicans should oppose marijuana reform, including banking protections, because MJ is a “dangerous, addictive … gateway drug.”
Calling marijuana a ‘gateway drug,’ House GOP opposes banking reform is a post from: MJBizDaily:…
marijuana banking
Treasury Secretary Yellen renews support for marijuana banking reform
U.S. Treasury Secretary Janet Yellen reiterated her support of marijuana banking legislation such as the SAFE Banking Act, which would allow financial institutions to work with state-regulated cannabis businesses even though they aren’t federally legal…
Opinion: How to determine the fair market value of your cannabis business
Whether you’re seeking investment, planning to purchase a business or gauging your company’s worth, understanding how to determine fair market value is a fundamental aspect of success.
Opinion: How to determine the fair market value of your cannabis bu…
IRS: Marijuana cash transactions aren’t automatically suspicious
Large cash transactions by marijuana businesses should not automatically be reported as suspicious, according to new IRS guidance.
IRS: Marijuana cash transactions aren’t automatically suspicious is a post from: MJBizDaily: Financial, Legal &…
AFC Gamma is looking to finance ‘unburdened’ cannabis borrowers
Publicly traded cannabis industry lender AFC Gamma reported nearly $16 million in net interest income for its fourth quarter ended Dec. 31, down 18.9% from the same quarter a year before.
AFC Gamma is looking to finance ‘unburdened’ cannabi…
AFC Gamma is looking to finance ‘unburdened’ cannabis borrowers
Publicly traded cannabis industry lender AFC Gamma reported nearly $16 million in net interest income for its fourth quarter ended Dec. 31, down 18.9% from the same quarter a year before.
AFC Gamma is looking to finance ‘unburdened’ cannabi…
Delinquent payments hurting marijuana operators nationwide, survey shows
Delinquent payments are causing a cascade of problems for small and large cannabis operators nationwide, according to a new report by Oregon-based cannabis data and research company Whitney Economics.
Delinquent payments hurting marijuana operators nat…
Cannabis banking reform reintroduced in US Senate
Less than a week after pro-cannabis banking legislation was reintroduced in the U.S. House of Representatives, a parallel bipartisan measure was revived in the Senate – a move that drew applause from marijuana industry advocates. Sens. Jeff Merkl…
California trade group offers marijuana banking services through credit union
The California Cannabis Industry Association (CCIA) on Tuesday unveiled a new partnership with North Bay Credit Union under which CCIA-member marijuana companies can obtain an array of financial services. According to a news release, CCIA’s rough…
Democrats’ COVID-19 relief bill contains cannabis banking
Buried deep in the U.S. House Democrats’ latest $2.2 trillion coronavirus relief package, announced Monday, is a key provision that will delight cannabis businesses: the Secure and Fair Enforcement Banking (SAFE) Act. According to NORML, the main…