In Denver, Colorado, marijuana dispensaries experienced 8 armed robberies within a two month period. Although the suspects have not been caught, the main issue is that these occurrences could be largely reduced or even eliminated if these businesses were not forced to deal exclusively with cash. The National Cannabis Industry Association’s Bethany Moore states the root of the problem, “In...
Cannabis products have been in hot demand over the last few years, especially after the passage of the Farm Bill in 2018. In fact, sales are projected to hit nearly $30 billion by 2025. But there are some concerns about the rising sales in the cannabis industry. In 2018, sales topped $10 billion and all of that had to be...
September 25th, 2019 was a historic moment for Marijuana merchants and cannabis lovers when the House of Representatives—for the first time in US history— voted to allow cannabis enterprises access to banks. The move is a significant milestone in the race towards decriminalizing the marijuana industry and giving cannabis retailers an equal chance in the marketplace. To the surprise of...
