While the cannabis industry has been touted as a “cash-only” enterprise since medical marijuana was first legalized in California nearly 20 years ago, recent reports indicate that the recreational sector has become fed up with handling massive stacks of cash a...
A marijuana banking bill was introduced to Congress this week in an effort to allow legal cannabis companies to open bank accounts.
A federal banking official took the unprecedented step Thursday of meeting with marijuana business owners.
With medical marijuana dispensaries and related businesses unable to find banks for their transactions, security firms are stepping in to protect their interests and make a buck.
US Representative Earl Blumenauer is demanding to know who in the federal government intimidated an Oregon bank that had promised to work with legal marijuana businesses.