Denver cannabiz-focused credit union gets OK from Federal Reserve — with conditions

Published: Feb 6, 2018, 3:35 pm • Updated: Feb 6, 2018, 5:50 pm By Alicia Wallace, The Cannabist Staff A Denver credit union aiming to serve the marijuana industry has received a Federal Reserve Bank’s blessing — albeit a conditional one — for the right to a master account. The…

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How Does an Old Man Party at CannaCon? On a Cloudy Bus Smoking Willie’s Reserve

While visiting Seattle for CannaCon 2017, I spent some time with two of my friends from PDX Weed Week, Max Montrose of the Trichome Institute, and Anthony Nitowski, the Dab Doctor.  Max was there as both a lecturer and an exhibitor, and his small table was almost always crowded with folks…

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Debate: How aware are the IRS and Federal Reserve of the cannabis industry’s singular concerns?

Published: Oct 7, 2016, 1:50 pm • Updated: Oct 7, 2016, 1:50 pm By The Cannabist Staff In the chatter within the legal cannabis industry, it seems nothing can be said to be certain, except issues with banking and taxes. James Thorburn, an attorney and tax specialist, and Lamine Zarrad,…

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Credit Union Lawsuit Against The Federal Reserve Over Marijuana Banking Is Dismissed

Fourth Corner Credit Union sued the Federal Reserve in an attempt to gain access to the federal banking system. That case was dismissed today. I think it’s worth pointing out that the judge overseeing the case recently referred to federal marijuana banking guidance as a ‘Nothingburger’ and expressed support for…

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Willie Nelson’s Marijuana Strain ‘Willie’s Reserve’ Could Go On Sale In September

(via bornrich.com) Back in the Spring world famous musician Willie Nelson announced that he would be coming out with his own strain of marijuana, called Willie’s Reserve. Almost instantly mainstream media ate up the story. After all, it’s a logical business move considering how synonymous Willie Nelson is with marijuana. It…

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