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Banks Get Exposed by New York’s Unlicensed Cannabis Dispensaries

Canna Law Blog

Major banks like JPMorgan Chase and Wells Fargo, as well as landlords such as BentallGreenOak and Ashkenazy Acquisition Corp., have found themselves indirectly involved with New York City’s unlicensed cannabis dispensaries, potentially exposing them to legal issues. Signature Bank, Bank of America Corp.,

Banking 72
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FinCEN Reports on Cannabis Banking and the SAFER Act

Veriheal

Every day, hundreds and thousands of people walk into cannabis dispensaries in legal states to purchase cannabis. Many financial institutions seek to be a part of the cannabis banking movement. In the past year, 553 banks and 202 credit unions provided their services to cannabis-related businesses. However, change is coming.

Banking 93
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Banking for Cannabis Growers

Canna Law Blog

Though many business owners may find banking to be a headache regardless of industry, few business owners have more hurdles to deal with than cannabis growers and dispensaries. The current state of cannabis banking can have a significant impact on where cannabis business owners keep their money and whether they obtain cannabis loans.

Banking 82
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Dispensary Spotlight: Star Buds Riverside

Illinois News Joint

The retail store serves recreational users and offers a 30% discount to medical patients. For live menus, visit here , or check our Dispensary Directory for more information about Star Buds Riverside. For Dispensary Spotlight Features, visit here. Star Buds Riverside is located at 2704 S Harlem Ave. Hours of operation are 9 a.m.-10

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Study Looks at Psychedelics’ Belief-Altering Powers, Minnesota Inches Toward Rec. Cannabis, and Montana’s Cannabis Banking Bill

Veriheal

A study looked at the link between psychedelics and spirituality, Minnesota is closing in on recreational cannabis, and Montana is looking to make cannabis banking easy. Cannabis Bill Minnesota residents received some thrilling news this week as the state Senate passed a bill to legalize recreational cannabis.

Banking 91
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Dispensary Spotlight: nuEra Urbana

Illinois News Joint

The retail store opened in 2007 and serves recreational consumers and medical patients. For a live medical menu, visit here , or for a live recreational menu, click here. Check our Dispensary Directory for more information. For more Dispensary Spotlight Features, visit here. Thursday to Saturday from10 a.m.-9

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Dispensary Spotlight: Maribis of Chicago Westchester

Illinois News Joint

The retail store serves recreational users but also offers a 10% discount to medical patients. For a live menu, click here , or check our Dispensary Directory for more information about Maribis of Chicago Westchester. Maribis is an independent and female-owned cannabis company with dispensaries located in northern and central Illinois.