U.S. Sen. Warren seeks to pull pot shops out of banking limbo – Cannabis News

BOSTON (AP) -- As marijuana shops sprout in states that have legalized the drug, they face a critical stumbling block - lack of access to the kind of routine banking services other businesses take for granted.

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U.S. Sen. Warren seeks to pull pot shops out of banking limbo – Cannabis News

BOSTON (AP) -- As marijuana shops sprout in states that have legalized the drug, they face a critical stumbling block - lack of access to the kind of routine banking services other businesses take for granted.

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Bernie Sanders Wants Fewer Cannabis Banking Regulations – Cannabis News

Despite any recent election disappointments, Bernie Sanders has not slowed down in the least when it comes to supporting causes he cares about, like fair and equal treatment for cannabis businesses.

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Bernie Sanders Wants Fewer Cannabis Banking Regulations – Cannabis News

Despite any recent election disappointments, Bernie Sanders has not slowed down in the least when it comes to supporting causes he cares about, like fair and equal treatment for cannabis businesses.

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Oregon bills to make cannabis banking, investment easier sail forward – Marijuana News

Bills to eliminate residency requirements for pot business ownership, give lenders legal protections and combine medical and recreational cannabis retail outlets all moved forward easily in the Oregon Legislature last week, though none have yet become law.

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As Marijuana Sales Grow, Start-Ups Step In for Wary Banks - Marijuana News

New start-ups have been putting together software that helps banks and dispensaries monitor and record transactions, with the long-term goal of moving transactions away from cash.

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Judge tosses Denver marijuana credit union's suit for federal approval – Marijuana News

Image: The Fourth Corner Credit Union

Forcing Federal Reserve to bank on pot credit union would give approval to criminal activity, federal judge says.

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Denver company targets marijuana industry's cash-intensive business – Marijuana News

Image: Blue Line Protection via Denver Business Journal

A Denver-area company that provides security for marijuana businesses moving around large amounts of cash said it’s growing in the city.

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Where to Stash Cannabis Cash? Tribal Nations Make Bid to Bank It

Marijuana companies struggle to find a place to put their green

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Kathleen Burke ~ MarketWatch.com ~

Federal regulations force businesses into cash-only operations.
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Does Anybody Want $3 Billion in Cash From Pot Sales? Big Banks Say No, Thanks

Image of Legal Marijuana plants available for sale
 
The U.S. government has opened a new line of business for America’s biggest banks, and for once they don’t want it. Little wonder: it’s cash from legalized marijuana.
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