Innovative state program helped marijuana industry
Federal banking laws have created more than just an isolated crisis for Arizona’s multi-billion–dollar marijuana industry. They’ve created a dangerous problem for the state of Arizona. Banking laws make it nearly impossible for cannabis dispensaries to obtain basic financial services such as a checking account. As a result, a multi-billion–dollar legal Arizona industry is forced to operate in all cash. Imagine driving around tens and even hundreds of thousands of dollars in cash to pay vendors, landlords, suppliers, and utility bills. Imagine a legitimate business taking in millions in all cash that cannot be deposited in a bank account and must be stored on-site. This is the grim reality for cannabis dispensaries.
Alta exits the FinTech Sandbox with hopes of expanding its cryptocurrency platform nationwide bizjournals.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bizjournals.com Daily Mail and Mail on Sunday newspapers.
Arizona cannabis dispensaries look to new financial service for transactions
Arizona cannabis dispensaries look to new financial service for transactions
A new financial system is helping the cannabis industry in Arizona with purchases until most financial institutions allow for transactions until the SAFE Banking Act is passed.
PHOENIX - Tuesday is the first legal 4/20 in the state of
Arizona, a day where using cannabis is typically celebrated, but there are still hiccups in how marijuana is being bought in the state.
A brand new start-up in Arizona is solving a banking problem the cannabis industry has faced as many banks don t provide financial services to dispensaries.
Published December 22, 2020, 10:44 AM
Adventures with a capital A, and fantasies with a capital F
If you’re looking for reading material come Christmas holidays and are in the mood for riveting literary fiction, here are four weighty recommendations. From adventure on the high seas, to a zany comic-book world, to a current Drama/Mystery bestseller and the latest from
Susanna Clarke after 16 years of silence something for everyone with a yen for quality fiction.
The Devil & the Dark Water by Stuart Turton
After the success of his first novel,
The Seven Deaths of Evelyn Hardcastle, which was a Costa Best First Novel award winning, genre-bending modern-day murder mystery, you have to doff your hat to Turton for gifting us with the unexpected for his second novel. It may be a mystery once again but, this time, it’s coupled with adventure on the high seas and is set aboard a merchant vessel sailing from Batavia to Amsterdam in 1634. It’s historical fiction, with an extreme