Why Can’t You Use a Credit Card To Buy Medical Cannabis?

Why Can’t You Use A Credit Card To Buy Medical Cannabis? Pardon the pun, but marijuana is certainly a growing industry. The movement to legalize marijuana has gained substantial legislative momentum in the last few years, largely fueled by the trends in public opinion on the matter. California was the first…

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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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Colorado credit union continues to fight for legal canna-business banking

Published: Nov 30, 2017, 9:50 am • Updated: Nov 30, 2017, 10:05 am By The Associated Press DENVER — A Colorado credit union — once on the cusp of revolutionizing banking for marijuana businesses before being thwarted by the Federal Reserve Bank of Kansas City — has resumed its quest…

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Federal appeals court gives Colorado marijuana credit union another chance

Published: Jun 28, 2017, 7:37 pm • Updated: Jun 28, 2017, 7:51 pm By Alicia Wallace, The Cannabist Staff A federal appeals court has breathed life into a plan hatched in Colorado to open a credit union for the marijuana industry. A three-judge panel for the 10th U.S. Circuit Court…

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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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Travis ‘The Hurricane’ Maurer Finally Gets The Credit He Deserves For Legalizing Marijuana In Oregon

Travis Maurer has been in the news a lot lately. There was a long time when there were only two articles written about him that I could find online. The first one was when he got busted for growing marijuana in Missouri in 2009, and the second one was when…

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