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Retailers Marijuana Related Businesses Financial Services Industry

Troutman Pepper Locke

Suit Against Cannabis Giant Trulieve Underscores Cashless ATM Risks and the Need for Banking Reforms

Troutman Pepper Locke on

In a February 19 complaint filed in Arizona state court, Texas-based payment processer Switch Commerce LLC argued that multistate cannabis operator Trulieve Cannabis Corp. and its affiliates should be responsible for a...more

Seyfarth Shaw LLP

The Week in Weed: October 2023

Seyfarth Shaw LLP on

Welcome back to The Week in Weed, your Friday look at what’s happening in the world of legalized marijuana. This week, we have an update on the SAFER Banking Act. We note that New York took a step towards issuing licenses for...more

J.S. Held

Current Trends in Banking for Cannabis-Related Businesses (CRBs)

J.S. Held on

Weed, pot, reefer, Mary Jane, ganja – cannabis has as many slang names as it does methods of ingestion. No matter which name is used, cannabis is federally illegal and is included on Schedule 1 of the Controlled Substances...more

Seyfarth Shaw LLP

The Week in Weed: May 2020 #5

Seyfarth Shaw LLP on

The news is mostly happening in the states this week. Oklahoma is having some medical marijuana issues. Massachusetts recreational shops reopened. Virginia decriminalized marijuana. Ohio may not put cannabis on the ballot...more

Seyfarth Shaw LLP

The Week in Weed: January 2020 #4

Seyfarth Shaw LLP on

Welcome back to The Week in Weed, your Friday look at what’s happening in the world of legalized marijuana. The big news in cannabis this week comes from New Mexico.  Legislation introduced last Thursday would legalize...more

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