Tag Archives: cannabis

No To Banking For Marijuana Businesses

marijuana-leaf-300As long as federal law says marijuana is illegal, the nation’s banking system won’t let new pot-based credit unions have access. A judge dismissed the lawsuit brought by Fourth Corner Credit Union after the Federal Reserve Bank of Kansas City refused to allow the credit union to join the nation’s banking system. He acknowledged however that Congress likely will have to Continue reading

Governor to Sign Medical Marijuana Health Study Bill

MARIJUANA-300Today, Colorado Governor John Hickenlooper will sign into law SB-155, the “Medical Marijuana Health Effects Grant Program.” The bill will fund $10 million of research into the medical efficacy of marijuana.  The Medical Marijuana Industry Group points out recent media coverage of many Continue reading