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Article: 5 cannabis banking options — plus 4 alternatives

Cannabis Law Report

Cannabis banking options are still quite limited for marijuana entrepreneurs, despite 36 states legalizing medical marijuana and 17 states permitting recreational adult use, according to the National Conference of State Legislatures. Are there cannabis-friendly banks? Compare 5 cannabis-friendly banks and credit unions.

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Rod Discusses Legal Challenges Facing Hemp and CBD with The CBD Guide (Podcast)

Cannabis Law Report

Rod Discusses Legal Challenges Facing Hemp and CBD with The CBD Guide. Some of the biggest legal challenges that cannabis businesses face, such as the lack of access to banking, and merchant processing. Some of the biggest legal missteps CBD businesses make, and how they can be avoided.

Hemp 105
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The Week in Weed: July 14, 2023

The Blunt Truth

Welcome back to The Week in Weed, your Friday look at what’s happening in the world of legalized marijuana. On the federal level, we have yet another update on the SAFE Banking Act. In international news, Germany released a draft law that would legalize adult-use cannabis. Maybe it will pass this term? Or maybe not.

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CBD and COVID Hype, Amazon’s Support for Legalization, & Girl Scout Cookies at Dispensaries

Veriheal

Researchers told the internet to temper its expectations after a CBD and COVID-19 study went viral, Amazon backed a GOP-led bill to federally legalize cannabis, and a mother-daughter pair sparked a debate about Girl Scouts selling outside of dispensaries. Despite Social Media Buzz, Researchers Say CBD COVID Cure Not Yet a Reality.

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Federal policy kills buzz for advertising pot

Cannabis Chronicles

Much the way banks are unwilling to finance cannabis startups, television networks and online advertising marketplaces are understandably cautious because the Feds still classify marijuana as a Schedule 1 drug alongside heroin and ecstasy. With a growing number of states legalizing weed for recreational and medical purposes, the U.S.

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Cannabiz Media Client Spotlight – Shield Compliance

SpeedWeed

Shield Compliance is a comprehensive compliance management platform for banking cannabis-related businesses. The company’s focus is on transforming the way cannabis banks and legal marijuana financial institutions manage risk, comply with regulations, and satisfy operational demands across the United States.

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Article – Cannabis Business Executive: Reflections Across the Pond: Banking Blues for UK Cannabis industry

Cannabis Law Report

Well worth a read if you want to catch up on the state of British banking for cannabis / hemp products… it’s not good! Banks, insurance companies and payment providers are refusing to work with cannabis-related companies throughout the UK, hampering the growth of the industry and leaving many in financial limbo.

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