Showing 26 articles for
finance

PNC Bank Closes Marijuana Policy Project Account

For 22 years, the Marijuana Policy Project has conducted its banking with the PNC Financial Services Group. The long relationship was severed yesterday.

Data Dive: Cannabis Extract Sales Skyrocketing

If you happen to have a processing license in Washington, you're likely reaping the boom's benefits.

Aussie Cannabis Stocks Tumble as Optimism Outpaces Progress

Huge gains made by cannabis stocks earlier this year now appear to be evaporating.

With Big Banks Absent, IRS Gears up for Flood of Tax Cash

For cannabis businesses looking to make timely payments to the tax man, a new program is a welcome gesture—even if it won’t actually help many people.

How Much Tax Revenue Do Legal Cannabis Sales Generate?

Learn how much tax revenue legal cannabis sales generated in 2016 to gain a better understanding of the way the industry works and the benefits it can produce.

Cannabis Stocks 101: What to Know Before Investing

Learn about the current state of the cannabis industry stock market, how it might change, and some helpful advice for potential investors.

Want to Buy a Cannabis Store? For $50 Million You Can Own Six

The surprise sale offer of two of Washington's top cannabis businesses has left some scratching their heads.

MJ Freeway Clients to See Most Services Restored This Week

The software firm says retail clients will see services restored during the next few days following what the calls a “targeted” hack on its system.

5 Cannabis Stocks to Invest in Before Election Day

The market is rising, but it's also filled with ultra-risky penny stocks. Here are five of the most stable and legal cannabis companies that are open to public investment.

MassRoots Note Default Raises Questions About Company’s Future

Is the cannabis social media company in a temporary pinch, or is this a sign of something more?

5 Steps to Avoid Form 8300 Problems With the IRS

How do you avoid criminal charges and minimize the reporting requirements? Here are five suggestions to keep you out of your local IRS auditor’s office.

Congressman ‘Appalled’ at House GOP for Rejecting Cannabis Banking Measure

“How many more armed robberies must we witness and security guards lives lost before we take action?” asked Colorado Democrat Rep. Ed Perlmutter.

Cannabis Banking Measure Approved by Senate Committee, Still Has a Long Way to Go

An amendment adopted by congressional lawmakers Thursday would ensure that legal marijuana businesses can access banking services.

The Shake: Minnesotans Seeing MMJ’s Benefits, and Michigan Falls Short on Signatures

Vermont expands qualifying conditions, Guam eyes decriminalization, Oregon nibbles new edibles, and why are Aussies backpedaling on MMJ?

The Shake: Ohio’s MMJ Campaign Shuts Down

Racial disparities persist in California, the fallout in Toronto continues after last week's raids, and can cannabis actually damage your DNA?

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