"CASH ONLY." That’s not a sign you see often in the digital age. It means more work for retailers (not to mention annoying your customers). But most cannabis businesses are operating on a cash-only basis out of necessity. Over 20 states have cannabis regulations, but federal law deters most banks from offering accounts to this
Cannabis brands have been longing for access to banking since California began decriminalization in the 1990s, but few banks have been willing to take them on as customers. Access to basic banking services -- like checking accounts, merchant accounts, and business loans -- has been limited due to the restrictions that federal authorities continue to
Many of the arguments for the legalization of marijuana are based on its claimed value in the treatment of specific illnesses or easing of the symptoms of illnesses. Proponents of marijuana legalization also frequently cite its benefits with regard to easing the side effects of cancer treatment such as chemotherapy. There is also evidence that
San Francisco is ground zero for the revitalized legalization effort in California, as a national cannabis advocacy organization began raising funds for a campaign that they hope would result in the legalization of recreational marijuana in the state. One of the most hotly-debated political issues in recent years, the recreational marijuana use issue is expected
Two years after Massachusetts passed a vote legalizing the medical use of marijuana, patients have yet to see the opening of the first dispensary in the state. For patients that have a legitimate–and urgent–medical need to use the drug, the lack of access is causing many to explore their legal options. One of the proposed
Across Australia, the medical marijuana initiative is slowly gaining ground with MPs from the federal and state sectors campaigning for revisions to current marijuana laws. If these officials have their way, terminally ill patients who may benefit from cannabis based therapy may finally have access to the medication they need. Along with these developments, plans
In the days leading up to the reconvening of the Pennsylvania Senate on September 15, perhaps the hottest issue on the agenda is medical marijuana. With the passing of Bill 1182 (the Compassionate Use of Medical Cannabis Act) in the Senate on the strength of a bipartisan vote on June 27, it appears that medical
The federal government may continue to classify marijuana as an illegal substance, but they are apparently considering doing more research on the drug. In a move that seemingly dovetails with the continued Class 1 classification of marijuana, the government has announced plans to solicit offers from companies that would be able to provide a sizeable
A vote which would have made medical marijuana legal in Oklahoma did not push through due to an insufficient number of signatures. The Oklahomans for Health organization based in Tulsa required 155,216 signatures in order to be able to place the medical marijuana initiative up for voting in the general election ballot scheduled on November