Items tagged with banking
| Item title | Description |
|---|---|
| A tale of two cannabis legalization experiments [17.10.2023] | It’s been five years since the Canadian government legalized and regulated non-medical cannabis cultivation, commerce, and consumption. California is ... |
| Cannabis firms are cut off from the US financial system, but relief is in sight [08.10.2023] | Imagine that you run a perfectly legal business but are unable to open a simple checking account at a national bank. Believe it or not, that’s the ca ... |
| Cannabis clubs assured of receiving support from local banks [16.06.2023] | The cannabis authority in Malta has been assured that local banks will not turn down potential cannabis clubs on the grounds that they are selling ma ... |
| Legal but locked out [14.06.2023] | As Jamaica continues to promote medicinal cannabis to attract investors and spur the industry's development, entrepreneurs face significant hurdles d ... |
| Talks with bank to offer services to cannabis associations [22.02.2023] | The authorities are having talks with a leading bank with a view that it could offer services to non-profit organisations running cannabis associatio ... |
| Tilburg and Breda to kick off regulated marijuana experiment [22.02.2023] | Coffee shops in Tilburg and Breda may be able to take part in the experiment with regulated marijuana as early as October, ministers have agreed. The ... |
| Cannabis funding needed [17.08.2022] | The recommendation follows the completion of a market study of the cannabis industry in Jamaica, which revealed that funding is one of the major impe ... |
| Congressional researchers highlight growing federal-state marijuana ‘policy gap’ in new 100-page report [25.04.2022] | The gap between federal and state marijuana policies continues to widen and shows no signs of stopping, congressional researchers said in a new repor ... |
| ‘There’s no stopping the industry now’: Democratic control is a big win for marijuana [31.01.2021] | Cannabis companies are positioning themselves for the greater likelihood that federal cannabis restrictions will be loosened significantly. Sales are ... |
| Gov't addressing banking challenges impacting cannabis industry [10.09.2020] | The Ministry of Industry, Commerce, Agriculture and Fisheries is engaging international stakeholders to address the banking difficulties that have be ... |
| Lavish parties, greedy pols and panic rooms: How the ‘Apple of Pot’ collapsed [24.05.2020] | MedMen looked to become the Apple of pot, the first mainstream, nationwide consumer brand for the product that drove so many Americans to ingest and ... |
| What will 2020 mean for cannabis? [01.01.2020] | As 2019 slouched toward its end, many predictions of what might happen with cannabis in 2020 had been tinged with optimism. Chronic Town was no diffe ... |
| Marijuana’s ten biggest victories of 2019 [17.12.2019] | This year was a big one for marijuana in the U.S. From a first-ever congressional vote on federally legalizing cannabis to another large state ending ... |
| Glimmer of hope for cannabis industry as talks continue with US [31.10.2019] | Permanent secretary in the Ministry of Investment, Commerce, Agriculture and Fisheries Dermon Spence has indicated that there could be headway in sig ... |
| The Great American cannabis experiment [14.10.2019] | While state legalization has allowed the cannabis industry to grow – it generated over $10 billion in sales last year and employs more than 211,000 p ... |
| Jamaica joins global stock markets in bracing for impact of Cannabis Banking Bill [11.10.2019] | The Jamaica Stock Exchange (JSE) has joined other stock markets across the globe in bracing for the impact of the Cannabis Banking Bill, which is cur ... |
| Strike cannabis off Controlled Substances Act [30.09.2019] | Cannabis guru Ras Iyah V says the time has come for developing nations, including those of the Caribbean, to collectively lobby the US to strike cann ... |
| Cannabis industry hopes SAFE Banking Act will spark new wave of growth, especially in U.S. [27.09.2019] | For the first time in history, the U.S. House of Representatives passed legislation to both validate and protect the burgeoning cannabis industry by ... |
| Shaw sees glimmer of banking hope for ganja businesses [27.09.2019] | Minister of Industry, Commerce, Agriculture and Fisheries, Audley Shaw, has welcomed news of the passage of the SAFE Banking Act in the United States ... |
| House passes bill to protect cannabis industry access to banks, credit unions [25.09.2019] | The House passed a bill to give banks and credit unions legal cover to serve the cannabis industry even while the drug remains federally banned. The ... |
| Ganja export regulations to be finalised September [16.08.2019] | The Jamaican Government is finalising legislation to allow for marijuana producers to export. Minister of Industry, Commerce, Agriculture and Fisheri ... |
| Hope for cannabis growers [31.05.2019] | Jamaica is to lobby the United States on the issue of legitimising licensed cannabis growers and processors under correspondent banking rules. Audley ... |
| Paulwell joins lobby to get banking services for cannabis industry [03.05.2019] | The Bank of Jamaica (BOJ) is again being pressed about its role in charting the way forward to enable the legal cannabis industry to access financial ... |
| People's Cooperative could solve ganja banking woes — Silvera [23.04.2019] | The Ganja Growers and Producers Association of Jamaica (GGPAJ) is proposing the National Peoples' Cooperative Bank as a solution to the banking servi ... |
| Jamaica’s cannabis gamble [17.04.2019] | Jamaica is starting to think of cannabis as an opportunity. Uruguay, Canada and ten American states have legalised it for recreational use. Ganja, as ... |
| Cannabis banking prospects improve; scepticism and stigma remain [10.04.2019] | The nascent medical cannabis business in Jamaica is challenged by limited access to banking facilities. Many of the major banks have asked clients en ... |
| Local officials from across US call for federal marijuana rescheduling [13.11.2018] | The National League of Cities (NLC), representing over 19,000 cities, towns and villages across the United States is calling on the federal governmen ... |
| Jamaica poised to become major location for medical cannabis investment — Shaw [27.05.2018] | Audley Shaw's trip to Canada has paved the way for Jamaica to play a leading role in the rapidly growing medical cannabis industry, according to the ... |
| Most banks won’t touch America’s legal pot industry [20.04.2018] | Providing banking services to pot-sellers is a risky endeavour. Despite being legal in one form or another in 29 states, marijuana is banned under th ... |
| Hearing on Bill C-45 as it relates to Canada’s international obligations [19.04.2018] | The international dimensions of Bill C-45 are of utmost importance not only for Canada itself but for many countries around the world that are moving ... |
| Canadian banker snags $750-million in marijuana business as rivals say no [03.04.2018] | In a down-and-out Canadian town, Bruce Linton dreamed of transforming an abandoned Hershey Co. chocolate plant into the Next Big Thing, a medical mar ... |
| Wall Street experiments with marijuana investments [01.04.2018] | More adventurous corners of Wall Street are experimenting with marijuana as an investment even though recreational use of the drug is illegal in New ... |
| Uruguay leads world in cannabis regulation but US law intrudes [28.02.2018] | Uruguay was the first country in the world to fully regulate the cannabis market and so break free from a global prohibitionist regime that has preva ... |
| Trump Treasury Secretary wants marijuana money in banks [06.02.2018] | The Trump administration's top fiscal official appeared to voice support for letting marijuana businesses store their profits in banks. "I assure you ... |
| Why marijuana retailers can’t use banks [22.01.2018] | Nearly two-thirds of America’s states have legalised pot sales for certain uses, but the federal government still classifies marijuana as a Schedule ... |
| Colorado’s Senators tell U.S. Treasury: Don’t touch marijuana banking [11.01.2018] | U.S. Sens. Michael Bennet and Cory Gardner of Colorado have asked the U.S. Treasury to keep in place Obama-era rules that allow banks to serve mariju ... |
| More banks are welcoming marijuana businesses, federal data shows [03.01.2018] | A growing number of banks are willing to open accounts for marijuana businesses. The number of depository institutions that are actively banking the ... |
| Don't 'bank' on ganja! - Lawmaker says J'cans might be clinging to false hopes [09.11.2017] | The viability of Jamaica's legal ganja and hemp industry has been called into question, with lawmaker Marisa Dalrymple Philibert suggesting that Jama ... |
| California proposes armored cars to transport pot tax money [07.11.2017] | California should use armored cars to transport hundreds of millions of dollars in cash tax payments expected next year with the state's legal mariju ... |
| Uruguay setting up dedicated cannabis dispensaries after banks scare off pharmacies [14.09.2017] | Uruguay’s government announced that it is changing its retail system for legalized marijuana because banks are making it difficult for pharmacies to ... |
| Pot was flying off the shelves in Uruguay. Then U.S. banks weighed in [25.08.2017] | The pharmacies selling pot were doing a brisk business. After Uruguay became the first country in the world to fully legalize marijuana sales for rec ... |
| Uruguay finds no banks for the bongs [22.08.2017] | Understated and simpatico, former Uruguayan president Jose Mujica isn't easily rattled. Just don't mess with his reefer. That was the message from Mo ... |
| Legal marijuana sale faces challenges by banks in Uruguay [18.08.2017] | The legal sale of marijuana in Uruguayan pharmacies is facing challenges as banks refuse to deal with companies linked to the drug in order to follow ... |
| California considering creating a state-run bank for cannabis businesses [16.07.2017] | California government, financial and marijuana business leaders met last week in a far-from-resolved debate over whether a state-run bank could be th ... |
| Cannabis cash conundrum: Some businesses bury money, others truck it to a federal vault [12.07.2017] | With recreational use set to become legal next year under Proposition 64, cannabis sales in the state are expected to top $7.5 billion in 2020, up fr ... |
| Federal bills from Colorado legislators seek to shield state marijuana laws, open banking [18.05.2017] | Colorado federal lawmakers amplified efforts to protect state-enacted marijuana laws and cannabis businesses supporting banking legislation for the m ... |
| New federal bill would allow banking for marijuana businesses [27.04.2017] | Marijuana businesses can’t openly bank and congressman Ed Perlmutter, D-Colo., is hoping to change that. Perlmutter on Thursday introduced the Secure ... |
| Big need for marijuana banking, yet Congress has ‘no appetite’ to fix issue [03.04.2015] | Congress doesn’t have the appetite to deal with the conflict between federal and state laws that has caused a banking crisis for the burgeoning marij ... |
| Banks are slowly welcoming legal marijuana dealers [12.08.2014] | A top federal official said that 105 banks and credit unions are doing business with legal marijuana sellers, suggesting that federal rules giving fi ... |
| U.S. issues marijuana guidelines for banks [14.02.2014] | The Obama administration issued guidelines intended to give banks confidence that they will not be punished if they provide services to legitimate ma ... |
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