Month: May 2019

post: Missouri’s Triad Bank now offering services to cannabis businesses

By Nick Thomas Missouri’s medical marijuana industry has yet to launch, but that hasn’t stopped one local bank from stepping up to provide services. Triad Bank, based in St. Louis suburb Frontenac, is offering deposit services to marijuana-related businesses such as processors, cultivators and dispensaries, CEO Jim Regna told Marijuana Business Daily. The bank is well […]

post: 38 Attorneys General Ask Congress To Bring Marijuana Money Into Banking System

By Laurel Wamsley The attorneys general of 38 states and territories sent a letter to congressional leaders on Wednesday, urging them: Please, let us bank the money generated by the country’s booming cannabis business. Most states and several U.S. territories have legalized medical marijuana, and 10 states and the District of Columbia have legalized adult recreational […]

post: Michigan regulators tighten access to caregiver medical marijuana

By Jeff Smith Michigan medical cannabis dispensaries will no longer have the option to buy products directly from caregivers. It’s a move that should please permitted growers, some of which have alleged that untested caregiver medical marijuana supplies are dangerous and cutting into licensed sales. The new Michigan Marijuana Regulatory Agency issued what it characterized as “new […]