WASHINGTON, D.C. — After weeks of testimony, the federal hearing that could reshape the future of the U.S. cannabis industry has officially ended. Now marijuana businesses across Michigan and Ohio are waiting to learn whether the biggest federal cannabis policy change in more than 50 years will finally become reality—or whether the process will drag
WASHINGTON DC - The Drug Enforcement Administration has invited only opponents of marijuana reform to participate in a June 29 hearing that could influence the future of federal cannabis policy, a decision that is drawing criticism from legalization advocates, consumer groups and state-licensed marijuana businesses that were excluded from the proceedings. The hearing, scheduled to
Genus Financial Services is dedicated to helping cannabis companies grow. Today’s savvy consumers use their debit cards over cash by a 2 to 1 margin. And they will buy more products while in your dispensary. We Offer: Paybotic Point of Banking (Cashless ATM for Debit Card Transactions) Paybotic Financial – Cannabis Banking Coastal Pay –
WASHINGTON DC – U.S. House Republicans have removed marijuana banking protections from a critical government funding bill, thus exposing banks to potential federal crackdowns on cannabis-related businesses. 1. Why Did The House Republicans Drop the Cannabis Banking Protections from Funding Bill? A controversial provision within a recent bill was blocked after facing significant internal opposition.
SEATTLE–Shield Compliance LLC, the developer of a banking compliance system for the legalized cannabis industry, announced it has raised $5 million in a Series A financing round and plans to bring its services to financial institutions serving legal cannabis markets in Michigan, Colorado, Illinois, Massachusetts, Ohio, and Washington. Combined with a partnership with a multi-state
LANSING - Michigan state lawmakers are urging Congress to quickly adopt federal legislation that would protect banks and credit unions from penalties if they accept deposits from cannabis-related businesses. The Secure and Fair Enforcement Banking Act of 2019 is seen as being more necessary as ever now that marijuana is legal for adult use in
