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Pennsylvania Says Yes to Banking for Cannabis Businesses

Veriheal

Banking has been a hurdle for cannabis businesses since the birth of the industry. While the federal SAFE Banking Act —which seeks to provide banking protections for cannabis businesses—continues to hit road bump after road bump in the U.S. The Cole Memo, however, did not require banks to serve cannabis-related companies.

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Simplifya Appoints Top Cannabis Banking and Financial Services Bod as General Counsel and Chief Banking Officer

Cannabis Law Report

Here’s the press release… National Law Journal’s 2020 Cannabis Trailblazer Katrina Skinner to Help Lead Company’s Legal Matters and Expansion into Banking, Financial and Payment-Related Services and Solutions for Cannabis Businesses and Related-Banking and Financial Sectors.

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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., This situation arises due to the proliferation of unlicensed retail shops in the city, with as many as 2,000 of them now operating since New York legalized recreational marijuana in 2021. Wells Fargo & Co.,

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Simplifya Appoints Cannabis Banking and Financial Services Expert, Katrina Skinner, as General Counsel and Chief Banking Officer

Cannabis Law Report

National Law Journal’s 2020 Cannabis Trailblazer Katrina Skinner to Help Lead Company’s Legal Matters and Expansion into Banking, Financial and Payment-Related Services and Solutions for Cannabis Businesses and Related-Banking and Financial Sectors. Says the headline. Here’s the full press release.

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The Week in Weed: December 10, 2021

The Blunt Truth

It looks like marijuana banking will not be part of the NDAA. Federal assistance with state expungement programs might be on the table. marijuana banking. Advocates of allowing the banking industry to serve cannabis businesses have seen many opportunities to enact legislation come and go. cbd regulation. and finally.

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Maine Has Lost Over a Thousand Cannabis Caregivers Since 2021

Veriheal

In April 2023, Maine’s Office of Cannabis Policy (OCP) reported an exodus of about 1350 cannabis primary caregivers from the state’s medical marijuana market between 2021 to January 2023. Business costs, banking regulations/fees, and competition with the adult-use market followed in succession. said utility cost. Who Are Caregivers?

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Psychedellux June 18, 2021

Cannabis Law Report

atai’s common shares are expected to begin trading on the Nasdaq Global Market on June 18, 2021 under the ticker symbol “ATAI.” The round was led by Ambria Capital as well as investors in the psychedelics, banking, and medical practice sectors. The post Psychedellux June 18, 2021 appeared first on Green Market Report.