Latest In: cannabis banking

cannabis banking cannabis payment solutions cannabis payments payment systems safer banking
Image of a pen and Past Due stamp sitting atop a payment voucher

Why cannabis banking reform alone won’t solve payment processing woes

Cannabis operators that rely on large B2B cannabis payments need a viable payment solution, and federal banking reform…

News July 10
banking banks cannabis banking green check marijuana banking SAFE Banking safer banking
Image of an open bank vault door with gold light shining through

What banks are actually doing when they reject cannabis accounts

Banks aren't set up to reject cannabis accounts. Cannabis banking is held back by a lack of clear…

News April 17
cannabis and cash cannabis banking cannabis retail penny penny shortage pos pricing rounding
Image of $100 bills swirling into a tunnel

The penny shortage is a serious cannabis retail problem

President Donald Trump killed the penny. Cannabis retailers need to prevent the coin's gradual disappearance from becoming a…

News February 20
Get MJBizDaily, the newsletter that gives you an edge in the rapidly changing cannabis industry.
cannabis banking cannabis rescheduling JP Morgan marc cohodes marijuana banking safer banking trump marijuana rescheduling trump marijuana rescheduling banking
Image of an open bank vault door with gold light shining through

Big banks still refusing cannabis despite Trump marijuana rescheduling

Big U.S. banks are still refusing to do business with the $32 billion legal cannabis industry despite President…

News January 9
cannabis banking Casa Verde el capitan el capitan bank marijuana banking Planet 13 SAFE Banking
Image of a gold bank vault seen through an open door

Marijuana MSO Planet 13 recovers $2.1M more from former bank alternative

Las Vegas-based marijuana multistate operator Planet 13 Holdings says it recovered another $2.1 million in cash plus real…

News March 21
cannabis banking chuck schumer marijuana congress Donald Trump donald trump marijuana Joe Biden Joe Biden marijuana marijuana banking Mitch McConnell safer banking
Image of a bank teller's hand sliding cash through a counter window to a customer

It’s official: No marijuana banking protections from current Congress

The current session of Congress is poised to end without any progress on major marijuana reform measures, including…

News December 18
banking reform cannabis banking marijuana banking Safe Harbor Financial Sundie Seefried
Image of Sundie Seefried

Cannabis pioneer Sundie Seefried looks at the evolving banking landscape

Sundie Seefried of Safe Harbor Financial discusses what the next decade holds for her company and cannabis banking…

News October 21
Ben Kolver cannabis banking credit facility debt refinancing Green Thumb Industries GTI
Image of a businessperson fanning out money

Cannabis MSO Green Thumb Industries refinances via $150 million credit facility

Chicago-based Green Thumb Industries plans to use the proceeds and existing cash to retire its $225 million senior…

News September 12
280E 280e marijuana tax issue banking Biden administration cannabis banking Controlled Substances Act marijuana banking marijuana rescheduling safer banking SAFER Banking Act schedule 3
Image of an open bank vault door with gold light shining through

Marijuana banking reform still needed if rescheduling occurs, report says

Rescheduling marijuana "is unlikely by itself" to solve the cannabis industry’s longstanding banking woes, according to a new…

News August 28
MJBizCon Logo