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Pot Banking

Highs Hopes For Cannabis Industry Banking
2 years ago

Highs Hopes For Cannabis Industry Banking

By  •  Full Episode, Feature, Interview

California Board of Equalization member Fiona Ma sat down with The Hash’s David Downs in late 2015 to discuss her plans for cannabis industry banking in the state.

Ma, who voters …
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Congress Votes to Allow Pot Banking
3 years ago

Congress Votes to Allow Pot Banking

By  •  Headlines

Some good news: CONGRESS has voted TO ALLOW POT BANKING.

That’s “banking”. Not “baking”. Sorry, folks.

It sounds like a boring issue, but it’s not. See, medical and recreational pot shops can’t legally use banks, so they generate millions in cash and become targets for robbery and fraud. Last week, the House of Representatives approved the Henk Amendment, blocking the Treasury Department from penalizing banks who accepted pot cash. Listen

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