Only a week into the New Year and it’s already been a rollercoaster ride for medical marijuana in the United States. Though some states have overcome regulatory hurdles, it seems like Massachusetts medical marijuana dispensaries are running into new banking issues.
Tag Archives: U.S. Attorney
DENVER, Jan. 4, 2018 /Weed Wire/ – U.S. Attorney Bob Troyer of the District of Colorado has issued the following statement regarding marijuana prosecutions.
OAKLAND, Calif., July 30, 2015 /Weed Wire/ — On Wednesday U.S. Attorney Melinda Haag from Northern California announced her departure, effective September 1. Since 2011 Ms. Haag shuttered more than 600 state-compliant medical cannabis dispensaries by threatening to seize their leased properties from landlords.
If you are in the cannabis industry, in any capacity, you know how difficult getting access to banking services can be. Many banks are reluctant to do business with the cannabis industry because marijuana is still illegal federally.