It’s the most wonderful time of the year – for shoplifters, muggers, and grifters. “Everyone wants to have a happy and safe holiday season,” opined Drew Werninger, Owner of Cannabis MO Security in St. Louis. “Most people hope for comfort and joy for their...
A talk with the authors of Cannabis Financial Services: Opportunities and Challenges Those in the cannabis industry who have “history” with financial services (banking, payments, insurance, etc.) know that it can range from challenging to downright dangerous. But...
Jontae James is the founder and CEO of Sacramento-based NatureTrak. Some of Jontae James’ old friends tease him about being involved in cannabis banking these days because growing up he was absolutely against drugs. “I was a D.A.R.E. kid. You know, that ‘This is your...
California has a reputation for being one of the most cannabis-friendly places in the world. In February, though, newly elected Governor Gavin Newsom (an advocate for legal cannabis) proposed moving 150 National Guard troops to Northern California to help deal with a...
Further legislative and regulatory action is needed to clear the lingering haze around the banking issue facing the U.S.’ legalized cannabis industry, despite the recent passage of a landmark bill by the House of Representatives. The House’s landslide 321-103...
Despite this exponential growth, the cannabis industry still suffers from the lack of even the most basic financial services. It’s a problem that over-anxious legislatures have simply avoided and swept under the rug, so as to not disturb the potential tax revenue that...
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