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Banking

6/16 6:50am
Banking, News
Banks take on Sessions over legalized pot
Politico Banks take on Sessions over legalized pot Politico The nation's banks are taking on Attorney General Jeff Sessions over pot with a big lobbying push to loosen federal restrictions on the surging legalized marijuana industry. Emboldened by ... two relentless foes on most other issues — top banking ... Thank you, Jeff Sessions, for inadvertently kickstarting Congress' effort to legalize marijuana Los Angeles Times State marijuana laws would trump federal laws under new bill for industry Elko Daily Free Press This Is No Time to Go to Pot Wall Street Journal all 33 news articles » https://www.politico.com/story/2018/06/16/banks-legalized-pot-sessions-doj-64985...
6/15 5:56pm
Banking, Cannabis
Cannabis foes crow as MJ banking measure stalls in congressional committee
A pro-cannabis industry banking amendment stalled this week in a House of Representatives committee, and marijuana opponents quickly crowed ... https://mjbizdaily.com/cannabis-foes-crow-as-banking-amendment-stalls-in-congres...
6/14 4:03pm
Banking, Cannabis
Proposed US banking fix for marijuana may not open all doors
A proposal in Congress to ease the U.S. ban on marijuana could encourage more banks to do business with cannabis companies, but it appears to fall ... https://www.myajc.com/business/proposed-banking-fix-for-marijuana-may-not-open-a...
6/14 4:03pm
Banking, Cannabis
Proposed US banking fix for marijuana may not open all doors
LOS ANGELES (AP) - A proposal in Congress to ease the U.S. ban on marijuana could encourage more banks to do business with cannabis ... https://www.pahomepage.com/news/proposed-us-banking-fix-for-marijuana-may-not-op...
6/13 8:18pm
Banking
Marijuana Banking Measure Rejected By Congressional Committee
submitted by /u/WuWeed [link] [comments] https://www.reddit.com/r/weedstocks/comments/8qxfp0/marijuana_banking_measure_re...
6/13 8:18pm
Banking
Marijuana Banking Measure Rejected By Congressional Committee
submitted by /u/WuWeed [link] [comments] https://www.reddit.com/r/weedstocks/comments/8qxfp0/marijuana_banking_measure_re...
6/13 6:32pm
Banking
Marijuana Banking Measure Rejected By Congressional Committee
A powerful congressional committee voted on Wednesday to reject a measure to protect banks that open accounts for marijuana businesses from ... https://www.forbes.com/sites/tomangell/2018/06/13/marijuana-banking-measure-reje...
6/08 6:16pm
Banking, Cannabis
Federal cannabis bill would help California marijuana businesses get banking
A bipartisan effort in Congress to ease federal restrictions on cannabis, which President Trump said Friday he is inclined to support, would solve a few ... https://www.sfchronicle.com/news/article/Federal-cannabis-bill-would-help-Califo...
6/07 8:00am
Banking, Cannabis, News, Financial Services
Medical Cannabis Payment Solutions’ SpeedyGrow Featured on KREX News Story
LAS VEGAS, June 07, 2018-- via NetworkWire– Medical Cannabis Payment Solutions, a Nevada corporation specializing in state-of-the-art financial services structured to serve the medical cannabis and banking ... https://finance.yahoo.com/news/medical-cannabis-payment-solutions-speedygrow-120...
6/07 7:00am
Banking
Market Morning: Swiss Threaten Banks, ECB Threatens Italy, UPS Workers Threaten Strike, EU Threatens US
Will The Swiss Turn Swiss Banks Into Swiss Cheese on Sunday? On Sunday, Switzerland goes to the polls on a referendum that will decide if Swiss banks have the right to loan out more money than they actually have in deposits. The fractional reserve banking system, as it is often called, allows the creation of […] The post Market Morning: Swiss Threaten Banks, ECB Threatens Italy, UPS Workers Threaten Strike, EU Threatens US appeared first on Market Exclusive. https://finance.yahoo.com/news/market-morning-swiss-threaten-banks-110028896.htm...
6/06 4:26pm
Banking, Cannabis
Cannabis Banking Blues: How Best To Get A Bank Account
In my previous post, I wrote about avoiding the scammers that abound when it comes to cannabis banking. Because cannabis is federally illegal, ... https://abovethelaw.com/2018/06/cannabis-banking-blues-how-best-to-get-a-bank-ac...
6/04 11:16pm
Banking, Cannabis, Events, Financing, Investing, Investment, Investors, Management, Media, News, Dispensaries
iAnthus Capital Holdings, Inc. Announces Stock Option Grant
TORONTO and NEW YORK, June 4, 2018 /CNW/ - iAnthus Capital Holdings, Inc. ("iAnthus" or the "Company"), (CSE: IAN)(CSE: IAN.CN)(CNSX: IAN)(OTCQB: ITHUF), which owns, operates, and partners with licensed cannabis operations throughout the United States, announces that the Company has granted 570,000 common shares in the capital of the company, exercisable at CAD $5.70 per stock option (the "Exercise Price"), to employees and a consultant of the Company. iAnthus Capital Holdings, Inc. (CNW Group/iAnthus Capital Holdings, Inc.) All stock options are exercisable for a period of 10 years, subject to any earlier termination in accordance with their terms. 545,000 stock options have the following vesting periods: 12.5% will vest and be exercisable on or after June 30, 2018; 12.5% will vest and be exercisable on or after September 30, 2018; 12.5% will vest and be exercisable on or after December 31, 2018; 12.5% will vest and be exercisable on or after March 31, 2019; 12.5% will vest and be... https://www.reddit.com/r/weedstocks/comments/8onjao/ianthus_capital_holdings_inc...
5/29 5:19pm
Banking, Cannabis, CBD, Food, Hemp, Production, Products, Financial Services, Cultivation
Medical Cannabis Payment Solutions Announces Acquisition of 40 Acres to Grow Hemp
LAS VEGAS, May 29, 2018 (GLOBE NEWSWIRE) -- via NetworkWire – Medical Cannabis Payment Solutions (REFG), a Nevada corporation specializing in state-of-the-art financial services structured to serve the medical cannabis and banking industries, announced today that it has acquired 40 acres of agricultural land to cultivate hemp as part of Utah’s recently passed law, H.B. 302. The company will seek a license to grow hemp as part of the state’s Department of Agriculture and Food licensing program. In 2014, Utah passed H.B. 105, which allowed legal possession and use of CBD oil by registered patients with a doctor’s recommendation and intractable epilepsy. The legislation, however, did not provide a mechanism for patients to acquire the oil. This year, Utah’s legislature passed S.B. 130, the Cannabidiol Product Act, which authorized the cultivation, production, and possession of hemp and the sale and use of cannabidiol products. https://finance.yahoo.com/news/medical-cannabis-payment-solutions-announces-2119...
5/25 8:30am
Banking, Cannabis, CBD, Strains, THC, Financial Services, Cultivation
Medical Cannabis Payment Solutions Acquires Marijuana Strains, to Seek Additional Cultivation Licenses
LAS VEGAS, May 25, 2018 (GLOBE NEWSWIRE) -- via NetworkWire – Medical Cannabis Payment Solutions (REFG), a Nevada corporation specializing in state-of-the-art financial services structured to serve the medical cannabis and banking industries, today announces it has acquired two marijuana strains, GrapeApe and Birthday Cake, from the strains’ creator. GrapeApe is an indica strain that has tested at approximately 33 percent THC by volume. Birthday Cake, a sativa strain, is approximately 15 percent THC and 15 percent CBD by volume. The company also said it will seek to acquire additional licenses for marijuana cultivation and will work to develop licensing agreements with other state-sanctioned cannabis establishments. The cultivation licenses will be sought via the company’s newly acquired subsidiary, SpeedyGrow. https://finance.yahoo.com/news/medical-cannabis-payment-solutions-acquires-12300...
5/22 7:50pm
Banking, Cannabis
House passes banking solution which includes relief for US Cannabis Companies
submitted by /u/MakesRandomPosts [link] [comments] https://www.reddit.com/r/weedstocks/comments/8lest7/house_passes_banking_solutio...
5/22 7:50pm
Banking, Cannabis
House passes banking solution which includes relief for US Cannabis Companies
submitted by /u/MakesRandomPosts [link] [comments] https://www.reddit.com/r/weedstocks/comments/8lest7/house_passes_banking_solutio...
5/21 4:15pm
Banking, Cannabis, Scams
Blowing Smoke: Marijuana Banking Scams
Of the many issues that prevent cannabis businesses from acting like regular businesses, their lack of access to banking is probably the most ... https://abovethelaw.com/2018/05/blowing-smoke-marijuana-banking-scams/
5/20 9:30pm
Banking, Medical Marijuana
Some delegates want to sidestep governor's call, tackle marijuana banking
Pushkin is the sponsor of another bill, House Bill 109, which attempts to fix the banking issue for the state's medical marijuana program. Pushkin said it ... https://www.wvnews.com/news/wvnews/some-delegates-want-to-sidestep-governor-s-ca...
5/20 7:11pm
Banking, Cannabis
Banking Solution for US Cannabis Companys to be voted on this week!
submitted by /u/DaveSmashWall [link] [comments] https://www.reddit.com/r/weedstocks/comments/8kwdax/banking_solution_for_us_cann...
5/20 7:11pm
Banking, Cannabis
Banking Solution for US Cannabis Companys to be voted on this week!
submitted by /u/DaveSmashWall [link] [comments] https://www.reddit.com/r/weedstocks/comments/8kwdax/banking_solution_for_us_cann...
5/17 11:46am
Banking, Cannabis, CBD, Growing, Hemp, Organic, Soil, Extracts, Financial Services
Medical Cannabis Payment Solutions Announces Acquisition, State License
LAS VEGAS, May 17, 2018 (GLOBE NEWSWIRE) -- via NetworkWire – Medical Cannabis Payment Solutions (REFG), a Nevada corporation specializing in state-of-the-art financial services structured to serve the medical cannabis and banking industries, announced today that it has acquired SpeedyGrow, a Wyoming corporation with licenses to grow and process hemp in the state of Colorado. The company extracts full spectrum CBD. Along with the acquisition, Medical Cannabis Payment Solutions also acquired SpeedyVeg (speedyveg.com), a proprietary, organic soil nutrient with specific benefit to growing healthy plants and maximizing yield. https://finance.yahoo.com/news/medical-cannabis-payment-solutions-announces-1546...
5/13 4:37pm
Banking, Medical Marijuana
State Treasurer submits medical marijuana banking options
WHEELING, W.Va. (WTRF) - West Virginia State Treasurer John Perdue has taken the next step toward making medical marijuana accessible in the ... http://www.wtrf.com/news/west-virginia-headlines/state-treasurer-submits-medical...
5/10 6:46pm
Banking, Cannabis, Medical Marijuana
Treasurer proposes banking fixes for WV medical marijuana program
“It is my fiduciary responsibility to follow state laws and conduct the banking business of the state in a safe and secure manner,” he said. “Up until this time, my office was not part of the planning process for implementing medical cannabis, however, when we became aware there might be a state banking ... https://www.wvgazettemail.com/news/health/treasurer-proposes-banking-fixes-for-w...
5/10 4:46pm
Banking
West Virginia treasurer suggests fixes to marijuana industry banking problems
submitted by /u/MarijuanaNews [link] [comments] https://www.reddit.com/r/weedstocks/comments/8ii4qw/west_virginia_treasurer_sugg...
5/10 4:46pm
Banking
West Virginia treasurer suggests fixes to marijuana industry banking problems
submitted by /u/MarijuanaNews [link] [comments] https://www.reddit.com/r/weedstocks/comments/8ii4qw/west_virginia_treasurer_sugg...