Cannitrol – Cannabis Control Agent

Marijuana news from around the world

Banking

Can you buy pot in Colorado with a credit card? It’s complicated

Americans are accustomed to using a credit card when shopping, whether online or in person. That is, unless, they are buying weed.

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The first 10 years of legal marijuana in Colorado were a wild ride. What will happen in the next decade?

It’s been 10 years since Colorado hosted the world’s first legal sales of recreational marijuana. The success of Colorado’s tightly regulated system has helped reshape the public’s perception of cannabis, but the industry faces headwinds in its second decade.

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Making the Cannabis Industry SAFER for America

After nearly a decade of conversation and education on the Hill, the Senate Banking, Housing and Urban Affairs Committee finally held a markup on the Secure and Fair Regulation (SAFER) Banking Act. Previously known as the SAFE Banking Act, the “R” was included to account for Sen. Jack Reed’s (D-RI) concerns with Section 10. The […]

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Cannabis Industry Banks Still at Risk Without Passage of the Safe Banking Act

Here we are again, crossing our fingers, hoping that the Senate will approve the passage of the Secure and Fair Enforcement Banking Act (SAFE Banking Act). This Act would provide banks with regulatory protections, allowing them to offer critical financial services to cannabis businesses without risking the loss of their banking charter. As the 2024 […]

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Digital Assets & Cryptocurrency in Cannabis

As the cannabis industry experiences a significant shift toward general acceptance and mainstream adoption, new modes of operation are popping up everywhere. The evolution and expansion of the industry beg for constant innovation, and the integration of NFTs and cryptocurrencies as payment options is at the crossroads between tech and cannabis. Crypto and NFTs have […]

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Colorado becomes one of first states to offer business loans to cannabis industry

The state will offer loans between $50,000 and $150,000 to go toward renovations, equipment, expansions and more

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A Guide to Dispensary Insurance

As a business owner, insurance is always a must. If you are interested in entering into the cannabis industry or you already have, it’s important to know what to expect when it comes to insuring your cannabis-related business. That’s why we’ll be exploring what dispensary insurance is, different options for business owners and general advice […]

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Compliance as a Revenue Center: Banking & Cannabis, More Similar Than You Think

Have you ever been to the DMV, only to be turned away because you didn’t have the countless forms of identification needed? Sometimes it feels like no amount of ID or proof of residence is enough, whether it’s your 2nd grade report card or an electric bill from 25 years ago. That feeling is what […]

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Cannabis in 2023: Here to Stay, but Major Challenges Remain

2022 brought more change and visibility to the cannabis industry than nearly any year before. Two of five legalization ballot measures passed, bringing the total number of states with legal medical or medical and recreational laws to 39. President Biden issued an executive order pardoning nonviolent offenders and directing a review into rescheduling cannabis. The […]

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