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Cannabis and banking vets launch credit card for dispensaries

Cannabis Law Report

Most consumer cannabis transactions are done in cash, legal or not. Since the United States classifies cannabis as a Title IV drug, the banking industry is unwilling and unable to provide services to cannabis operations. The company will issue and process credit cards that will work in dispensaries.

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Bank On It: One Step Closer to Cannabis Business Banking

Greenspoon Marder Cannabis Law Group Blog

By: Rachel Gillette , Partner and Cannabis Law Practice Chair. The House Financial Services Committee yesterday approved legislation that would help financial institutions serve cannabis businesses operating in legalized states. The SAFE Banking Act is sponsored by Reps. Ed Perlmutter (D-Colo.) and Denny Heck (D-Wash.)

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Jushi Holdings Inc. to Open its 34th Retail Location Nationwide and Third Beyond Hello™ Dispensary Location in Virginia

Cannabis Law Report

Beyond Hello™ Alexandria Will Open its Doors, Broadening Patient Access to Medical Cannabis Products. As of July 1st, Medical Cannabis Patients Are No Longer Required to Register With the Virginia Board of Pharmacy. Commonwealth of Virginia Modernizes Medical Cannabis Program. On Wednesday, July 27th, at 10:00 a.m.,

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Maine Cannabis Regulator Unveils New Medical Marijuana Applications

Cannabis Law Report

Applications for medical marijuana dispensaries available for the first time since 2010, caregiver applications added to Office of Marijuana Policy’s electronic offerings. If appropriate for their business models, registered medical cannabis caregivers may choose to convert their registration type to dispensaries.

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Holistic Industries Unveils Liberty Wallet, the Cannabis Industry’s First Payments and Rewards App

Cannabis Law Report

Holistic Industries , the largest private multi-state operator in cannabis, announced the launch of Liberty Wallet, the cannabis industry’s first cashless payment and rewards app designed specifically around patients’ and customers’ needs. The customer experience includes: Transfer funds from the customer’s bank into Liberty Wallet.

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Understanding Medical Marijuana Laws in California

MMJ Recs

California state has been at the forefront of progressive cannabis legislation, particularly when it comes to medical marijuana. Its legal framework has evolved, and an understanding of California medical cannabis regulations is essential for patients, caregivers, and those who have an interest in the cannabis industry.

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These 3 Stories Show How Cannabis Can be Bad for You Due to Unjust Laws

Veriheal

Just about every time we hear stories about cannabis these days that aren’t related to the federal government, it’s something good about it. Not all cannabis is good. This article is about how cannabis can be bad for you due to unjust laws. Mr. Clark is not alone with his harsh treatment for cannabis.

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