Cannabis Blog

8 Steps To Secure Banking For Marijuana Businesses

Category: News | Posted on Sat, July, 23rd 2016 by THCFinder

If you own or plan to own a cannabis business, it’s important to know that getting financial support from most banks will be difficult to do—but resources are available to help. We’ve put together a quick checklist for things to consider when trying to set up banking with your Marijuana business.

In 2014, the United States Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) issued guidancefor financial institutions on this matter. Their goal was to clarify the expectations of the Bank Secrecy Act—which requires financial institutions to detect and prevent money laundering—in light of recent state initiatives to legalize marijuana.

By looking at FinCEN’s guidelines for financial institutions, marijuana-related business owners can get a good idea of what they need to do in order to give themselves the best chance of receiving financial support from these institutions.

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Italy Will Consider Ending Marijuana Prohibition Next Week

Category: Legalization | Posted on Sat, July, 23rd 2016 by THCFinder

Italy could be well on its way to ending marijuana prohibition. For the first time in history, the Italian Parliament will gather next week to discuss a piece of legislation aimed at legalizing the cultivation, possession and use of marijuana in a manner similar to what the United States has deemed an “experiment” in relation to the taxed and regulated market in states like Colorado.

Although Italy has never really been considered a pillar of drug reform, the latest bill, which was brought to the table by Cannabis Legale, an inter-parliamentary organization whose manifesto suggests the “anti-prohibitionist option on marijuana is no longer just an idea, but…a concrete government strategy,” could push the nation into a realm of influence that serves as a guiding light for other countries, all over the world, that may be considering similar policies.

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Inspector Dab-It

Category: Fun | Posted on Fri, July, 22nd 2016 by THCFinder


Eastern Oregon Taking a Progressive Western Oregon Stance on Cannabis

Category: News | Posted on Fri, July, 22nd 2016 by THCFinder

Three referendums on marijuana sales are now in the hands of Pendleton voters.

Pendleton City Council entertained well over an hour of zealous testimony from community members before delivering a unanimous vote passing a series of ordinances and resolutions that officially places medical and recreational marijuana sales as well as a local 3 percent tax on the November ballot. These three issues will be presented as separate questions on the ballot, with the condition that all must pass or none will.

Audience members professed their support for the overturning of the local bans on cannabis businesses and explained their wishes for safe access to cannabis and the want to keep local money local instead of watching it travel to Walla Walla Washington. Walla Walla is home to the nearest retail cannabis locations to Pendleton.

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Jimmy Kimmel Live - Seth Rogen "Got So High"

Category: Videos | Posted on Fri, July, 22nd 2016 by THCFinder



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