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Latest In: Marijuana banking

banking banking issues Paychex payroll
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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
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Senate cannabis banking bill unveiled with key vote expected next week

Senate Democrats have released an updated and rebranded cannabis banking reform bill ahead of a long-awaited committee markup…

News September 20
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Opinion: Marijuana rescheduling is positive, but we must go further and faster

Rescheduling marijuana is positive news in an industry desperate for good news. But make no mistake, it is…

News September 15
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Once a marijuana enemy, DEA now key to rescheduling

The most significant shift in U.S. marijuana policy is drawing closer, but one major obstacle remains in reform's…

News September 12
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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
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US senator again promises hearing on marijuana SAFE Banking is imminent

Despite the growing threat of a government shutdown that could freeze nearly all business in Washington DC, a…

News September 7
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Opinion: Cannabis businesses could recoup millions on exit, thanks to ‘280E asset’

A combination of tax methods could help cannabis companies reduce their tax burden under Section 280E of the…

News September 1
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More cash, more headaches for marijuana retailers after Mastercard ban

Marijuana retailers across the country are adjusting to handling and securing more cash in-store after Mastercard’s abrupt decision…

News August 17
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Marijuana industry spends millions lobbying as shutdown threatens SAFE Banking

The cannabis industry continues to spend millions of dollars on high-powered lobbyists to sway U.S. senators to pass…

News August 8
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Share consolidation sweeps marijuana industry as stock prices flop

In the face of slumping cannabis stock prices, publicly traded Canadian marijuana producers and U.S. ancillary companies are…

News July 31
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