Marijuana is now legal in 38 states, though not federally. In Martha’s Vineyard, among other places, legal issues have been a bringdown.
The Senate Banking Committee hearing this week will consider the question of allowing cannabis business owners to open bank accounts for their companies legally.
Insuring a store full of a substance that’s still illegal under federal law isn’t cheap.
The percentage of American workers testing positive for drugs is at a 20-year high
Pot’s illegal at the federal level, so major banks won’t provide services. Therefore, vendors can’t accept credit or debit cards.
Drivers are retiring, while the pandemic and new drug-test data sharing are keeping many from joining the ranks.
Many marijuana dispensaries “have a mountain of cash” and no place to take it.
Canada legalized production, sale and consumption of recreational cannabis last fall, the second nation in the world to do so after Uruguay.
Crossing to even discuss the U.S. cannabis industry can be considered trafficking.
New tech startup shrinks already tight margins for door-to-door marijuana services.
