Month: June 2019

post: Five Ideas That Can Solve the Cannabis Banking Problem

By Joann Needleman of Clark Hill The cannabis “goldrush” shows no sign of letting up. As of January, there are more states that have legalized marijuana in some form, whether for medical or recreational use, than the 17 states that have no legalization whatsoever. For those 33 states and the District of Columbia, business is […]

post: Cannabis banking bill may falter again despite state support

By Sophie Quinton, Stateline.org WASHINGTON — Many state leaders are hoping the fourth time’s the charm for a federal bill that would protect banks from being penalized for serving licensed cannabis businesses. Many banks are reluctant to work with marijuana businesses or people in the industry because federal law says the plant is a dangerous drug. […]