SAFE BANKING ACT: APPROVED

  We applaud the U.S. House of Representatives for voting to approve cannabis banking bill.  Because of the lack of access to financial services, cannabis businesses are being forced to operate on a cash basis which only increases risk for theft and other crimes.  ...

Congress to Vote on Cannabis Banking Bill Next Week

by NORML September 20, 2019 Majority Leader Hoyer on Friday announced that members of the House are anticipated to hold a floor vote next week on The SAFE Banking Act (HR1595), which explicitly permits banks and other financial institutions to work directly with...

AN EXTENDED DEFINITION OF RISK MANAGEMENT

IMRI defines risk management as the practice of identifying and analyzing loss exposures and taking steps to minimize the financial impact of the risks they impose. Traditional risk management, sometimes called “insurance risk management,” has focused on...

Cannabis Lounges – @ a zip code near you?

Well maybe not yet, but soon. The conversation around cannabis lounges is heating up and there are cannabis lounges beginning to pop up in certain parts of the country. Lowell Farms, California’s first cannabis lounge, is scheduled to open in September. In January,...