Sentences with phrase «legal marijuana businesses»

There are elaborate regulations governing ownership of legal marijuana businesses, of liquor stores, of casinos, of medical practices and of legal practices, to name a few.

Sessions, a longtime opponent of marijuana, has hinted at initiating a federal crack down on state - legal marijuana businesses for the better part of a year.

All of this could potentially put legal marijuana businesses in the United States far behind their neighbors to the north and south.

Bankers and those in the expanding legal marijuana business say new guidelines from the Obama administration aren't enough.

The association has praised the feds for providing a roadmap for financial institutions that want to work with legal marijuana businesses.

The financial industry will need more than a few signals from the White House that it's safe to bank legal marijuana businesses.

Adam Spiker, executive director of the Southern California Coalition that represents legal marijuana businesses, said the coalition is focused on making sure «the intent» of the bill becomes law.

(Last month a federal bill was introduced that would shield banks from potential liability for serving legal marijuana businesses.)

Not least, legal marijuana businesses are on a hiring binge, employing everyone from scientists to cashiers.

Bankers and those in the expanding legal marijuana business want Congress to change the law — to make it clear that it's not a crime to provide financial services to the legal marijuana businesses.

According to a statement from Commissioner Dave Jones, his department approved the first admitted commercial insurance company, Golden Bear Insurance, to cover state - legal marijuana businesses.

If the DEA recommends rescheduling marijuana to II, III, IV, or V, or removing it from the list of controlled substances, any change in designation will have big implications for the legal industry across 23 states and Washington, D.C., says Aeron Sullivan, the co-founder of Tradiv, an online wholesale marketplace for legal marijuana businesses to buy and sell marijuana.

A lot of people are now going into the legal marijuana business due to relaxed regulations and the benefits that bitcoin provides.

The legal marijuana business is booming and landlords are taking notice because these businesses have a solid cash flow and are able to pay a premium in rent.

Despite memos issued by the Federal Treasury and Justice Departments, there continues to be controversy and disagreements within the banking industry over whether or not banks can accept money or make loans to participants in legal marijuana businesses.