GOP Congressman Presses Federal Financial Officials On Marijuana Industry’s Banking Access Problems
A GOP congressman is pressing federal financial regulators about the ongoing issues that state-legal marijuana businesses face when trying to access basic banking services under federal prohibition. At a hearing before the House Financial Services Committee on Tuesday, Rep. Warren Davidson (R-OH) asked Comptroller Jonathan Gould whether banks are “still blocking customers who are engaged […]
How the Cannabis Industry Supports Nevadans in Spite of Severe Financial Restrictions
A decade into legalization, cannabis companies are still locked out of tax deductions for giving back – but that hasn’t stopped them from making a difference. By Jon Marshall Businesses give back for a variety of reasons. Whether it is to help meet critical local needs, build deeper relationships with customers or raise brand awareness, […]