A judge on Tuesday dismissed a lawsuit that sought federal approval for a credit union aimed at serving Colorado's marijuana businesses, saying pot is still illegal under federal law. Read article here: High Times
Tag: Credit
Report: Getting ‘Wasted’ on Facebook Can Affect Your Credit
It seems that simply using certain words on social media could also be negatively affecting you—specifically, hurting your credit. Read article here: High Times
Despite Federal Law, Colorado Pot Shops Are Accepting Credit Cards
While the cannabis industry has been touted as a “cash-only” enterprise since medical marijuana was first legalized in California nearly 20 years ago, recent reports indicate that the recreational sector has become fed up with handling massive stacks of cash a… Read article here: High Times
New Mexico Credit Unions To Close Medical Marijuana Licensed Producer Bank Accounts
Move May Force Producers to Move to a Cash-only Payment System Santa Fe, NM – Eight months after the Federal Justice Department and Treasury Department announced new guidelines allowing banks to work with marijuana businesses, some of the credit unions in New Mexico sent letters to close to half of the State’s licensed medical marijuana […]