Latest In: cannabis banking

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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
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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
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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
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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
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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
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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
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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
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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
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Nonpayment is No. 1 reason marijuana firms fail: Q&A with collection expert Brett Gelfand

Brett Gelfand of Cannabiz Collects and Cannabiz Credit Association offers best practices for plant-touching marijuana companies to break…

News August 8
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