Cannabis News Box

Lawmakers in California call for the reclassification of cannabis

Lawmakers in California call for the reclassification of cannabis

Logan Lowrey-Rasmussen September 19, 2017

California lawmakers are formally calling on the federal government to reclassify cannabis as a substance after voters approved a ballot measure to legalize cannabis. The resolution called for changes...

Pictured: Customers wait in line for cannabis at a Uruguay pharmacy.

State dispensaries arise in Uruguay after bank retaliation

Logan Lowrey-Rasmussen September 14, 2017

On Wednesday, Uruguay’s government announced it would change its cannabis retail system after banks made it difficult for pharmacies to sell legal cannabis. After nationwide legalization of social...

Dispensaries in Hawaii plan to be cash-free by October

Dispensaries in Hawaii plan to be cash-free by October

Logan Lowrey-Rasmussen September 13, 2017

Hawaii officials said it will be the first state to conduct medical cannabis sales entirely without cash by October 1.  Medical cannabis dispensaries in Hawaii will not be allowed to accept cash after...

Banks threaten cannabis sales in Uruguay

Banks threaten cannabis sales in Uruguay

Logan Lowrey-Rasmussen August 22, 2017

Uruguay pharmacies are facing challenges as banks refuse to work with companies connected to selling cannabis, although it is legal in the country. An anonymous government official said Uruguayan banks...

Could a state-run bank for the cannabis industry be in Californias future?

Could a state-run bank for the cannabis industry be in California’s future?

Logan Lowrey-Rasmussen August 16, 2017

California government, financial and cannabis leaders met last week in a debate on whether a state-run bank could solve the cannabis industry’s banking problem. The 17-member group included representatives...

Load More Stories

Comments (0)

All Cannabis News Box Picks Reader Picks Sort: Newest
Activate Search
banks