Cannabis & Tech Today

Opportunity in Crisis

“So it’s legal to sell it… It’s legal to buy it… But you can’t pay for it…?”

If you happen to be new to this burgeoning cannabis space and have, for instance, done all of the hard work it takes to enter this industry, you will then be in for a surprise when you attempt to, just like any other legal business, register a bank account or attempt to do any online processing of credit or debit cards. When the time comes, the bank may tell you that due to their internal regulations you will not be able to acquire a bank account based on your business.

In fact, being related

You’re reading a preview, subscribe to read more.

More from Cannabis & Tech Today

Cannabis & Tech Today8 min read
PR For Power Players
Veteran journalist Ricardo Baca was The Denver Post’s first-ever cannabis editor, launching its news vertical The Cannabist in 2013. In 10 short years, Baca has become an internationally recognized cannabis authority, appearing in documentaries and n
Cannabis & Tech Today4 min read
Playing It SAFE
For years, cannabis companies and reform advocates have hoped to see federal lawmakers act on industry banking access. Many contend that until such reforms are made, few, if any, cannabis brands will likely see a profit if they are prevented from the
Cannabis & Tech Today3 min read
Herb + Spice
Laurie + MaryJane recently launched a new line of seasonings, Herb + Spice. These cannabis-infused spice blends are designed to be easily incorporated into cooking, allowing users to enjoy the benefits of CBD or THC in a variety of dishes. The unique

Related Books & Audiobooks