As the Biden administration continues to dive deeper into its policy agenda, cannabis is a topic to watch. Though the administration has been focused on tackling immediate priorities, marijuana is likely to rise to the...more
3/23/2021
/ Agribusiness ,
Biden Administration ,
Cannabis Products ,
Decriminalization of Marijuana ,
Deregulation ,
Dispensaries ,
Financial Crimes ,
Financial Services Industry ,
Hemp ,
Legislative Agendas ,
Marijuana ,
Marijuana Related Businesses ,
Regulatory Agenda ,
Regulatory Reform ,
Retail Market
Will a side effect of the COVID-19 pandemic be banking for the cannabis industry? The U.S. House of Representatives recently passed a new coronavirus relief bill, the Health and Economic Recovery Omnibus Solutions (HEROES)...more
It has been a rough few months for Luckin Coffee. The company once compared as China’s homegrown Starbucks ignited controversy when it disclosed earlier this year that much of its 2019 revenues were fabricated. Its problems...more
5/22/2020
/ CFIUS ,
China ,
Cross-Border Transactions ,
Financial Markets ,
Foreign Investment ,
Legislative Agendas ,
Listing Standards ,
Nasdaq ,
PCAOB ,
Publicly-Traded Companies ,
Sarbanes-Oxley
History may view 2018 as a pivotal year for marijuana legalization. Although the year started with then U.S. Attorney General Jeff Sessions creating a haze over the industry and legalization supporters when he rescinded...more
2/5/2019
/ Bank Accounts ,
BSA/AML ,
Decriminalization of Marijuana ,
Dispensaries ,
Financial Fraud ,
Financial Institutions ,
Financial Services Industry ,
Know Your Customers ,
Legislative Agendas ,
Marijuana ,
Marijuana Cultivation ,
Marijuana Related Businesses ,
Medical Marijuana ,
Proposed Legislation ,
Risk Mitigation ,
State and Local Government
Reading the leaves regarding the potential decriminalization of marijuana is confusing and contradictory; however, one certainty is that the intoxicating combination of a cash-rich industry and a multitude of sometimes...more
6/8/2018
/ Banking Sector ,
Controlled Substances ,
Decriminalization of Marijuana ,
Dispensaries ,
Federal v State Law Application ,
Healthcare ,
Investment Fraud ,
Legislative Agendas ,
Marijuana ,
Marijuana Related Businesses ,
Medical Marijuana ,
Proposed Legislation ,
Regulatory Oversight ,
Regulatory Requirements ,
Tax Revenues