Cannitrol – Cannabis Control Agent

Marijuana news from around the world

financial

“A big deal”: What the feds’ move to reclassify marijuana means for Colorado cannabis

Cannabis advocates in Colorado cheered the Biden Administration’s reported move to reclassify marijuana and said the decision likely would reduce businesses’ tax burden significantly — even if it wouldn’t resolve other challenges.

, , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

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.

, , , , , , , , , , , , , , , , , , , , , ,

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 […]

, , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Alternatives to Bankruptcy for Cannabis Companies: Part 2

Part 1 of this series discussed the lack of bankruptcy protections for cannabis companies, since bankruptcy in the U.S. is an exclusively federal procedure and cannabis remains illegal under federal law and proposed a number of alternative options for businesses struggling in the current environment. Part 2 of this series focuses on one of these […]

, , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Desperate California Cannabis Vendors Seek Credit Protection

Cannabis companies representing 45% of California’s cannabis sales are pushing a bill that will crack down on non-paying customers. Well known operators, including Kiva, Lowell Farms, Nabis and Sunderstorm, recently formed Financial Stability for California Cannabis (FSCC) and moved to support Assembly Bill 766.” The bill, nicknamed “The Cannabis Credit Protection Act,” would require a […]

, , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Rise of the Machines: The Case for Automation in the Cannabis Industry

The Case for Automation in the Cannabis Industry History has shown that if companies fail to innovate when new technology emerges, even household name brands with enormous market share can squander their success if they are blind to anything that could ever unseat them from the top. Kodak developed digital camera technology in the 1970s […]

, , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

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 […]

, , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Colorado legalized psilocybin. Now what?

Oregon is preparing to accept its first license applications for psilocybin services. That state offers valuable lessons for Colorado, as it prepares for legal psychedelics.

, , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Colorado unveils plan to help bring banking to state’s cannabis industry

Because marijuana remains a controlled substance under federal law, Colorado’s dispensaries, cultivations and other businesses have been prohibited from obtaining conventional financial services, such as lines of credits or loans, and the ability to accept credit cards.

, , , , , , , , , , , , ,

Perlmutter, House co-sponsors push Senate for swift action on marijuana banking bill

U.S. Rep. Ed Perlmutter and three other congressmen who’ve been pushing to give cannabis businesses access to banking services expressed hope Tuesday their bill would move through the Senate soon.

, , , , , , , , , , , ,

Previous Posts