Marijuana

Risk’s All Around When Banks Service Cannabis
Risk’s All Around When Banks Service Cannabis
May 14, 2018  |  B2B Payments

The conundrum of cannabis banking in the U.S. is both a headache for legal marijuana businesses and an intriguing case study for the financial services...

READ MORE >
Cannabis Cos’ Payroll Problems Run Deep
Cannabis Cos’ Payroll Problems Run Deep
April 17, 2018  |  B2B Payments

Earlier this year, the federal government spiked anxieties for legal marijuana businesses. Attorney General (AG) Jeff Sessions issued a memo that seems to ramp up...

READ MORE >
HP Enters Cannabis Enterprise Software Market With Flowhub
HP Enters Cannabis Enterprise Software Market With Flowhub
April 16, 2018  |  B2B Payments

HP is reportedly stepping into the cannabis industry with a new partnership to provide businesses with financial management software, according to The Washington Post. Reports on...

READ MORE >
Wurk Raises Funds For Legal Marijuana Payroll Tech
Wurk Raises Funds For Legal Marijuana Payroll Tech
April 12, 2018  |  B2B Payments

Wurk, a startup providing software for legal marijuana enterprises, announced new investment to the tune of $3.2 million provided by Poseidon Asset Management, Phyto Partners,...

READ MORE >
Treasury Sec. Says Pot Companies Should Be Banked  
Treasury Sec. Says Pot Companies Should Be Banked  
February 07, 2018  |  Bank Regulation

U.S. Secretary of the Treasury Steven Mnuchin appeared to support pot companies storing their money in banks, testifying that the Treasury doesn’t want the marijuana...

READ MORE >
Building A Delivery Market For Cannabis … Carefully
Building A Delivery Market For Cannabis … Carefully
January 31, 2018  |  Retail

With varying shades of marijuana legality online in nearly 50 percent of all states and 61 percent of polled voters expressing support for full legalization,...

READ MORE >
California Moves Forward On Effort To Bank Marijuana Businesses
California Moves Forward On Effort To Bank Marijuana Businesses
January 29, 2018  |  B2B Payments

California is pressing forward with efforts to provide legal banking services to marijuana businesses as cannabis companies struggle to get banked. Reports in The San Francisco...

READ MORE >
Canada’s Marijuana Legalization Entices Smaller Financial Players
Canada’s Marijuana Legalization Entices Smaller Financial Players
January 24, 2018  |  B2B Payments

While legal marijuana companies in the U.S. struggle to gain access to financial services, their industry peers north of the border are enjoying an investment...

READ MORE >
Congress Receives Petition To Make Cannabis Banking Legal
Congress Receives Petition To Make Cannabis Banking Legal
January 17, 2018  |  Legal

Congress has a new petition to review: This one is from a bipartisan group of 18 attorneys general from states that have legalized recreational and...

READ MORE >