Marijuana

Chapter 11 Not An Option For Cash-Strapped Cannabis Companies

Chapter 11 Not An Option For Cash-Strapped Cannabis Companies
Chapter 11 Not An Option For Cash-Strapped Cannabis Companies
December 18, 2019  |  Connected Economy

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. Get the Full Story Complete the form...

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

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

READ MORE >
House Committee Passes Bill To End Federal Marijuana Prohibition
House Committee Passes Bill To End Federal Marijuana Prohibition
November 21, 2019  |  Legal & Regulation

The House Judiciary Committee passed a bill that would effectively make marijuana legal, the National Cannabis Industry Association (NCIA) announced in a press release on...

READ MORE >
How Cannabis Companies Can Leapfrog Into Payments Digitization
How Cannabis Companies Can Leapfrog Into Payments Digitization
November 19, 2019  |  B2B Payments

The compliance burden of a legal marijuana business having to manage regulations that vary by state, and between the state and federal level, has created...

READ MORE >
Missouri’s Cash Tax Payment Ban Proposal Irks Cannabis Firms
Missouri’s Cash Tax Payment Ban Proposal Irks Cannabis Firms
November 11, 2019  |  B2B Payments

The state of Missouri is reportedly considering a ban on cash tax payments, a move that has raised concerns for local legal marijuana businesses that...

READ MORE >
California Opens Door For San Francisco Public Bank
California Opens Door For San Francisco Public Bank
October 07, 2019  |  B2B Payments

California Governor Gavin Newsom has signed legislation allowing for the establishment of public banks in the state, and advocates in San Francisco are jumping at...

READ MORE >
Dama Financial Collabs On Cannabis B2B eCommerce Platform
Dama Financial Collabs On Cannabis B2B eCommerce Platform
October 03, 2019  |  B2B Payments

Dama Financial, a financial services provider that collaborates with banks to provide services to the legal cannabis industry, is collaborating with Helix TCS on a...

READ MORE >