2014 Banking Collective Safety 
Cannabis Law Report
FEBRUARY 13, 2019
FIRST CONGRESSIONAL HEARING HELD ON CANNABIS BANKING. Today the House Financial Services’ Subcommittee on Consumer Protection and Financial Institutions held the first-ever congressional hearing on the issue of cannabis banking. . To continue to do nothing to protect public safety would be negligence.”. Feb 13, 2019 .
Canna Law Blog
OCTOBER 17, 2022
And we both agree that this Congress will likely do nothing at all (just look at what’s happened with the SAFE Banking Act , for one sorry example). What is the Kansas City Federal Reserve Bank? The KC Fed is one of 12 banks in the Federal Reserve System. let alone talked about legalizing it.
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SpeedWeed
APRIL 2, 2021
The SAFE Banking Act is back in Congress, and political momentum is swinging in favor of the cannabis industry’s need to normalize its relations with financial institutions. Here, we spoke with Safe Harbor Services Vice President Amanda McComb about some of the recent trends and changes that she’s seen in banking the cannabis industry.
Cannabis Law Report
JANUARY 10, 2020
Colorado, which opened recreational stores in January 2014, has the longest-running legalized marijuana market in the United States. Marijuana sales boomed in Colorado starting in early 2014 with the opening of the first recreational storefronts. Tax Collections in the Marijuana Industry. Department of Agriculture (USDA).
Cannabis Law Report
JULY 31, 2019
With this federal classification, the cannabis industry is isolated from banking and, in many cases, reduced to a cash-only venture. This business model inherently creates several issues, such as higher rate of theft, difficulty assessing and collecting taxes properly, and allowing bad actors to pose as legitimate.
Canna Law Blog
JULY 30, 2019
Interestingly enough, it’s safe to say that the chaos that commenced with initial licensing under the Medicinal and Adult-Use Cannabis Regulation and Safety Act (“MAUCRSA”) has never really abated. No real banking options. Screwy M&A. We have written a lot about California M&A on the blog.
SpeedWeed
APRIL 3, 2021
The SAFE Banking Act is back in Congress, and political momentum is swinging in favor of the cannabis industry’s need to normalize its relations with financial institutions. Here, we spoke with Safe Harbor Services Vice President Amanda McComb about some of the recent trends and changes that she’s seen in banking the cannabis industry.
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