Importance of reliable payroll provider highlighted by vendor aversion to marijuana clients
A marijuana company’s payroll provider should focus on cannabis and not also serve mainstream businesses, MJ executives agree.
News September 21
Latest In: banking
Massachusetts bank enters cannabis industry with new service unit
Berkshire Bank, one of the largest banks in Massachusetts, is expanding services for cannabis companies and entrepreneurs nationwide.
News September 7
Safe Harbor, New York institution create marijuana banking partnership
Cannabis industry financial services company Safe Harbor Financial announced a marijuana business banking partnership with Five Star Bank.
News May 11
Expect cannabis banking reform, market consolidation in 2023, MJBiz CEO says
Meaningful action in both marijuana banking reform and the federal scheduling of cannabis are both on the table…
News November 16
Proposed Pennsylvania law could ease marijuana banking in state
A proposed bill in Pennsylvania would shield from prosecution banks, credit unions, and insurance companies that do business…
News July 8
Marijuana lender AFC Gamma gets $60 million revolving loan from 2 banks
Marijuana industry lender AFC Gamma has announced a revolving credit facility worth at least $60 million from two…
News May 2
Michigan cannabis company Fluresh arranges $48M in new debt, refinancing
Vertically integrated Michigan cannabis operator Fluresh announced $25 million in new debt from an unspecified "federally regulated commercial…
News April 28
Growing marijuana regulators group pressures Congress
The Cannabis Regulators Association, a recently formed but potentially influential marijuana industry group, welcomed an overseer of the…
News February 18
After US House’s SAFE vote, here’s what you need to know about current state of marijuana banking
The U.S. House of Representatives' vote approving legislation that would pave the way for financial institutions and insurance…
News September 27Featured
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