Although cash may be king, dealing in cash makes you feel less royal. Modern businesses depend on banks and credit for all things money. This includes everything from gathering cash to counting cash to paying your bills in dollars. The federal regulations that apply to cannabis remain strict. This means they are not able to access the same banking services as other businesses. What are the regulations regarding dispensaries and banks? How […]

For much of beginning history of the cannabis industry, cash was king: all sales and most business purchases had to be administered mostly or entirely in cash. However, new laws, new regulations, new payment platforms, and new products have opened the exchange of capital from buyer to seller, grower to distributor, and owner to vendor. […]