Marijuana

Cannabis Firms Optimistic About Legalization After Being Deemed ‘Essential’
Cannabis Firms Optimistic About Legalization After Being Deemed ‘Essential’
April 20, 2020  |  Coronavirus

Marijuana executives are feeling optimistic about the prospects of federal legalization after cannabis dispensaries were deemed essential during the coronavirus pandemic. “When we all start...

READ MORE >
Lawmakers Call For Marijuana SMB Inclusion In Next Stimulus Package
Lawmakers Call For Marijuana SMB Inclusion In Next Stimulus Package
April 19, 2020  |  B2B Payments

Members of Congress from both sides of the political fence are pushing for the marijuana industry to be included in the next round of government...

READ MORE >
Bitcoin Daily: Gemcoin Founder Pleads Guilty In $147M Fraud Case; Dubliner Forfeits $67.6M In Bitcoin As Part Of Drug Case
Bitcoin Daily: Gemcoin Founder Pleads Guilty In $147M Fraud Case; Dubliner Forfeits $67.6M In Bitcoin...
February 20, 2020  |  Bitcoin

Steve Chen, the mastermind behind a $147 million gemcoin fraud from 2013 to 2015, pleaded guilty of his crimes of tax evasion and conspiracy to...

READ MORE >
Cannabis Co MedMen Forced To Offer Shares To Vendors Amid Cash Crunch
Cannabis Co MedMen Forced To Offer Shares To Vendors Amid Cash Crunch
January 24, 2020  |  B2B Payments

Marijuana retail company MedMen is in the midst of a cash crunch in the industry, and it has been offering its vendors shares in the...

READ MORE >
Cannabis Startup Eaze Struggles To Pay Vendors
Cannabis Startup Eaze Struggles To Pay Vendors
January 19, 2020  |  B2B Payments

Once calling itself the “Uber of pot,” Silicon Valley cannabis startup Eaze is struggling to pay vendors as it searches for a new round of...

READ MORE >
Small Business Banking Braces For More Disruption
Small Business Banking Braces For More Disruption
December 27, 2019  |  B2B Payments

With regulations surrounding data ownership, privacy and open banking now in full swing in multiple markets around the globe, opening up account data is now...

READ MORE >
Chapter 11 Not An Option For Cash-Strapped Cannabis Companies
Chapter 11 Not An Option For Cash-Strapped Cannabis Companies
December 18, 2019  |  Ecosystems

Marijuana companies’ exuberant bubble has quickly burst after just one year. The harsh reality of a cash crunch looming and burdensome U.S. regulations impede growth...

READ MORE >
WAYV Offers Line Of Credit For Cannabis Firms
WAYV Offers Line Of Credit For Cannabis Firms
December 11, 2019  |  Digital Payments

Cannabis logistics startup WAYV has launched a payment solution for the cannabis supply chain, according to a report. The goal of the initiative is to...

READ MORE >
What Grubhub, Uber Can Teach CUs About Loyalty and Rewards
What Grubhub, Uber Can Teach CUs About Loyalty and Rewards
November 25, 2019  |  Credit Unions

Credit unions (CUs) are unique among financial institutions (FIs) for the sense of loyalty they inspire among their members. PYMNTS’ Credit Union Innovation Index found...

READ MORE >