Tag: banking

(52 posts)
September 3, 2013
09/03/2013
DOJ Considering How To Allow Bank, Pot Shop Transactions

DOJ Considering How To Allow Bank, Pot Shop Transactions

In addition to the Department of Justice stating that they won’t undermine the legalization of marijuana in Washington and Colorado, they are also “actively considering” how to...
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July 15, 2013
07/15/2013
Legislation Introduced to Ease Banking for Marijuana Business

Legislation Introduced to Ease Banking for Marijuana Business

For medical marijuana dispensary owners and the patients who rely on them for access to their medicine, Colorado Congressman Ed Perlmutter’s (D) bill is common sense. Perlmutter introduced legislation...
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July 12, 2013
07/12/2013
Medical Marijuana Update (2013.07.10)

Medical Marijuana Update (2013.07.10)

A federal medical marijuana banking bill was introduced, an Oregon bill that would allow and regulate dispensaries heads to the governor’s desk, Berkeley and Oakland fight the...
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June 12, 2013
06/12/2013
Sativa Magazine: Educating Ganjapreneurs

Sativa Magazine: Educating Ganjapreneurs

As my mini-series on the green rush investigated (you can read the introductory overview here), the Cannabis industry is exploding. The legal market is expected to grow...
By: Mercedys
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May 23, 2013
05/23/2013
Guardian Data Systems: Providing Cannabusinesses Merchant Services

Guardian Data Systems: Providing Cannabusinesses Merchant Services

Guardian Data Systems, Inc. they’ve got you covered like nobody else. Their slogan promises “compassionate payment solutions.” Guardian Data Systems has been designed to counter the discrimination...
By: Mercedys
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May 8, 2013
05/08/2013
Discrimination Jeopardizing Cannabusinesses

Discrimination Jeopardizing Cannabusinesses

Even though cannabusinesses are legal in many parts of the country – for recreational users in Washington and Colorado and medicinal patients in 16 other states –...
By: Mercedys
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April 30, 2013
04/30/2013
ADT Drops Medical Marijuana Clients, Leaving Them Vulnerable

ADT Drops Medical Marijuana Clients, Leaving Them Vulnerable

In another great article on CNN Money, Jose Pagliery explains the need for heavy security in legal marijuana businesses due to the high-value product and lack of bank...
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April 30, 2013
04/30/2013
CNN Money Describes the Secrecy of Legal Marijuana Banking

CNN Money Describes the Secrecy of Legal Marijuana Banking

In a great comprehensive article on CNN Money, Jose Pagliery describes the secret banking methods used by medical marijuana dispensaries and other businesses involved in legal marijuana sales....
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March 6, 2013
03/06/2013
If You Want To Break Federal Law, It’s Better to Be a Banker Than a Medical Marijuana Provider

If You Want To Break Federal Law, It’s Better to Be a Banker Than a Medical Marijuana Provider

According to Matt Taibbi, in his latest Rolling Stone exposé on the banking and financial industry “Too Big to Jail,” HSBC “helped to wash hundreds of millions of dollars...
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December 13, 2012
12/13/2012
HSBC Bank Admits Cartel Money Laundering

HSBC Bank Admits Cartel Money Laundering

01:52am The London-based HSBC Group, Europe’s largest banking entity, has agreed to forfeit $1.256 billion and pay an additional $600 million-plus in fines for laundering money...
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December 6, 2012
12/06/2012
How to Sell Marijuana Legally, In Four Inconvenient Steps

How to Sell Marijuana Legally, In Four Inconvenient Steps

John Davis, who runs a legal medical marijuana business in Washington, shares with NPR 4 key steps in trying to operate in the cannabis industry, as it’s really...
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November 14, 2012
11/14/2012
Marijuana Sales in Colorado, Washington Pose Risks for Banks Faced With Federal Law

Marijuana Sales in Colorado, Washington Pose Risks for Banks Faced With Federal Law

U.S. banks in Colorado and Washington state, where voters last week legalized recreational marijuana use, shouldn’t disregard federal laws that consider pot sales criminal, a bank regulator...
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