Get Educated: Banking Troubles

More Banks Working With Marijuana Businesses, Despite Federal Moves

https://www.forbes.com/sites/tomangell/2018/06/14/more-banks-working-with-marijuana-businesses-despite-federal-moves/#311dcfe21b1b

Why marijuana retailers can’t use banks

https://www.economist.com/the-economist-explains/2018/01/22/why-marijuana-retailers-cant-use-bank

Does Federal Law Prohibit Banks from Taking “Marijuana Money?”

https://www.marijuanabreak.com/does-federal-law-prohibit-banks-from-taking-marijuana-money

Federal Banking Law Still Keeps Budding Cannabis Industry From Opening Accounts

https://www.insidesources.com/federal-banking-law-still-keeps-budding-cannabis-industry-from-opening-accounts/

‘100% illegal’: The business of weed banking is veiled in secrecy

 https://finance.yahoo.com/news/100-illegal-business-weed-banking-veiled-secrecy-115132864.html?guccounter=1

Legal Marijuana: The $9 Billion Industry That Most Banks Won’t Touch

 https://www.forbes.com/sites/kevinmurphy/2018/09/06/legal-marijuana-the-9-billion-industry-that-most-banks-wont-touch/#11923f3e3c68

California’s cannabis industry is often cash-only, uninsured, and vulnerable

 https://www.kalw.org/post/california-s-cannabis-industry-often-cash-only-uninsured-and-vulnerable#stream/0

 

Get Educated: Cannabis Credit Co-Ops

Colorado Agrees to Cannabis “Credit Co-Ops”-CBS News
https://www.cbsnews.com/news/colorado-agrees-to-cannabis-credit-co-ops/

The Fourth Corner Credit Union v. Board of Governors of the Federal Reserve System 

https://caselaw.findlaw.com/us-10th-circuit/1865907.html

Fourth Corner Credit Union gets conditional approval from Federal Reserve for marijuana-related banking

https://mjbizdaily.com/marijuana-focused-credit-union-gets-conditional-approval-federal-reserve/

Fourth Corner must reapply for share insurance before beginning marijuana banking

https://www.nafcu.org/newsroom/fourth-corner-must-reapply-share-insurance-beginning-marijuana-banking

 

Get Educated: Cannabis Legal Troubles

California cannabis distributor threatens legal battle with feds over cash seizure

https://mjbizdaily.com/california-cannabis-distributor-facing-legal-battle-with-federal-government-over-cash-seizure/

Marijuana Arrests Are Increasing Despite Legalization, New FBI Data Shows

https://www.forbes.com/sites/tomangell/2018/09/24/marijuana-arrests-are-increasing-despite-legalization-new-fbi-data-shows/#7741a6164c4b

Meet the California man serving life in prison for a marijuana conviction

https://www.emeraldreport.com/california-man-life-prison-marijuana/

 

Get Educated: Helpful Documents

New Analysis of the Revised Barr Anti-Democracy Amendment to D.C. Appropriations
https://www.aclu.org/other/new-analysis-revised-barr-anti-democracy-amendment-dc-appropriations

Marijuana Financial Services Cooperatives Act
http://www.leg.state.co.us/clics/clics2014a/csl.nsf/fsbillcont2/06F7F4159729909387257CCA0082B929/$FILE/1398_rer.pdf

Cannabis Banking Working Group-CA Senator John Chiang
http://www.treasurer.ca.gov/cbwg/index.asp