Sentences with phrase «other marijuana businesses»
He added that he wanted to be the «Steve Jobs» of «Cannabis and bitcoin» and that he'd provided his exchange services to other marijuana businesses, the affidavit states.
http://www.sandiegouniontribune.com/ Not exact matches
In many places, such as in California and Colorado, businesses and communities vie against each other to win potentially lucrative licenses from the state for creating and operating marijuana cultivation centers and retail outlets.
Aeron Sullivan, the co-founder of Tradiv, an online wholesale marketplace for legal pot businesses to buy and sell marijuana, says there is no doubt pot production will be outsourced to other regions of the world and the southern states in the U.S.
However, some used business names clearly connected with selling medical marijuana in other states.
These startup businesses, companies selling vaporizers, CBD products, and software to marijuana users or marijuana companies, were kicked off payment processors and other mainstream business platforms en masse as a result, entrepreneurs affected by the purge say.
Legalization and de-criminalization of marijuana is a hot topic, which could provide profit - making opportunities for some, and moral dilemmas for other business owners.
The process of branding cannabis businesses is further slowed by marijuana's classification under the federal Controlled Substances Act as a Schedule 1 drug (along with heroin, LSD and other hallucenogens).
«So I want to be that bank» that helps make marijuana like any other digital - payments - based business.
Legitimate marijuana businesses will create thousands of good jobs for Massachusetts residents and utilize the products and services of other Massachusetts businesses.
The Cole Memo also made it possible for recreational marijuana organizations to operate like other businesses.
After a solid majority of California voters legalized adult - use cannabis last November, the onus has shifted to California cities and counties to pass rules for how and where retail marijuana stores and other cannabis businesses would be allowed to operate.
«Currently, under federal banking laws, many legal, regulated legitimate marijuana businesses — operating legally according to state law — are prevented from maintaining bank accounts and accessing financial products like any other business, such as accepting credit cards, depositing revenues or writing checks to meet payroll or pay taxes,» Perlmutter said.
The private guards are allowed to detain a person carrying narcotics other than marijuana, and a guard is posted at all common council meetings, including committee meetings and regular business meetings.
But in the signing statement, the governor indicated companies that plan to operate in New York can import medical marijuana should they already be in business in other states that have medical marijuana programs.
Portland, Oregon About Blog Oregon Cannabis Institute is offering marijuana business seminars with attorneys, accountants and other industry professionals on proper ways of starting and operating cannabis business in Oregon.
These businesses and the individuals involved in these establishments are well aware that marijuana remains illegal under federal law and the US attorneys, despite the Cole Memo and other memos, of course always had the discretion to go after and prosecute egregious violators of the federal law.
Here in California we have just issued approximately 400 permits for businesses to conduct retail marijuana sales and other testing and other types of operations.
The FAQs cover a variety of topics including how to treat income earned by borrowers from state legalized marijuana, unreimbursed business expenses, repossessions and eligibility for borrowers with limited credit histories, among others.
Seven states so far have legalized cannabis for recreational use and medical marijuana is legal in 21 other states, but federally - funded banks can not serve the needs of cannabis - related businesses, because it is still an illegal drug under federal law.
We could have regulated places growing marijuana, if it was legal, that pay hydro bills, taxes and other expenses that relate to a business operation.