Tag : The Management.Group

Cash Crop 150

CCT150 Top 5 Banking Solutions for the Cannabis and Hemp Industries

Editor
Federally run banking institutions have been instructed to refrain from opening bank accounts with companies involved in the cannabis and hemp industries. If they do, they could receive stiff fines or risk having their doors shut for good. This has caused the emergence of a series of companies focused on...
CCT Impact State Laws

Banking Woes Continue for Cannabis Businesses in Legalized States in the U.S.

creativemind
Just this past week a U.S. congressional committee decided to reject a new measure that would have protected federally licensed banking institutions from strict fines and penalties for opening bank accounts for businesses related to the cultivation, processing, manufacturing, and sale of cannabis industry. One of the major issues inhibiting...