Tag Archives: Bank

California Treasurer Studying Possibility of Creating a Public Cannabis Bank

California Treasurer Studying Possibility of Creating a Public Cannabis Bank

California Treasurer Studying Possibility of Creating a Public Cannabis Bank

United States Attorney General Jeff Sessions may have reversed federal marijuana enforcement policy, but that isn’t stopping the Golden State from studying how to move forward with creating a public cannabis bank to serve the state’s legal cannabis industry.

This Is Why Arkansas Medical Marijuana Banking Will Become a Reality

This Is Why Arkansas Medical Marijuana Banking Will Become a Reality

The Natural State is still reviewing the hundreds of medical marijuana business applications it received back in September 2017 and even though waiting is the hardest part, those that receive licenses can look to forward to the reality of Arkansas medical marijuana banking.

John Chiang and Cannabis Banking and Lack of Banking and Public Bank

Treasurer Chiang Releases Recommendations to Address Lack of Banking for Cannabis Industry

SACRAMENTO, Calif., Nov. 7, 2017 /Weed Wire/ – State Treasurer John Chiang today released a report outlining steps California can take to address the lack of banking services that force much of the cannabis industry to operate in cash.

Lawmaker Calls Arkansas Medical Marijuana Business "Wild, Wild West"

Lawmaker Calls Arkansas Medical Marijuana Business “Wild, Wild West”

Future medical marijuana growers and sellers in the Natural State can’t take their money to the bank, for now, that is. After doing his homework, the state lawmaker who crafted the new cannabis laws has learned more money, more problems when it comes to doing business without banking assistance.

Exclusive: GW Pharmaceuticals Hires Investment Bank Following Approaches - Sources

Exclusive: GW Pharmaceuticals Hires Investment Bank Following Approaches – Sources

GW Pharmaceuticals Plc (Nasdaq:GWPH), a developer of marijuana-based epilepsy treatments, is working with an investment bank after other drugmakers approached it to express interest in an acquisition, people familiar with the matter said.

Cannabis Company Confounded by ‘The Crowd’

Cannabis Company Confounded by ‘The Crowd’

Crowdfunding seemed like the perfect solution for cannabis entrepreneur Ralf-Rainer von Albedyhll, CEO of NextRX Inc., based in Las Vegas, Nevada. He had tried the more traditional funding avenues with little success.

Banking

Expert Panel to Explore the New Frontier of Banking in the Cannabis Industry

On March 5, 2016, panelists at the California Cannabis Business Expo will be leading a discussion on “The New Frontier of Banking in the Cannabis Industry.”

Viridian Capital Advisors Report TheStreet Index and Northsight Capital and MSN and Conde Nast and Virtual Conference

Viridian Capital Advisors Featured in MSN Money Article

NEW YORK, Aug. 19, 2015 /Weed Wire/ — Viridian Capital Advisors was recently featured in MSN Money, discussing the ever-changing financial landscape in the cannabis industry and the continued need for professionalism, banking, and compliance for companies in this budding sector.

bank

California Considers State-Run Bank

In November 2016, Californians could vote to become the fifth state to legalize the cultivation and sale of recreational marijuana. In anticipation, the state Board of Equalization, which handles taxation and revenue, has proposed a state-run bank.


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