Credit Unions Greenlighted to Bank with Hemp Businesses August 21, 2019 Laura Bianchi Hemp Policy & Legal 0 Comments On August 19, 2019, the National Credit Union Association (NCUA), a federal agency that regulates, charters, and supervises federal credit unions, released updated guidance on federally-backed credit unions working with hemp-based businesses. The guidelines clarify that credit unions are permitted… Read More→
Cannabis Banking Blues: How Best To Get A Bank Account June 7, 2018 Hilary Bricken Banking, Finance & Real Estate 1 Comment By Hilary Bricken Securing a bank account will not be easy, but it is possible if you are in the right state and you prepare and act accordingly. In my previous post, I wrote about avoiding the scammers that abound… Read More→
Blowing Smoke: Marijuana Banking Scams May 21, 2018 Hilary Bricken Banking, Finance & Real Estate 0 Comments By Hilary Bricken What are the specific red flags to look for if you’re being pitched on a 'solution to the marijuana banking problem'? Of the many issues that prevent cannabis businesses from acting like regular businesses, their lack of… Read More→
Banks Gaining Confidence, Opening Doors to Navigable Pathway for Cannabusinesses October 4, 2017 Bob Hoban Banking, Finance & Real Estate 0 Comments Banking for the cannabis industry has been a challenge to say the least. That said, there exists a navigable pathway for existing cannabis markets and for new state markets to follow. In light of lingering concerns that Attorney General Jeff Sessions… Read More→
Banking Overview for Cannabis Companies July 12, 2016 Derek Davis Banking, Finance & Real Estate 3 Comments At California Cannabis CPA, we are fortunate enough to have many growing Cannabis Companies come to us to handle their tax and financial needs. Unfortunately, a huge grey area that our clients face relate to banking and money. Hopefully this… Read More→