The Case for Cannabis and Banking Services

The sale of cannabis by licensed dispensaries typically involves cash as payment. This action results in dispensaries, vendors and other merchants exchanging and transporting large amounts of cash, which in turn, leaves those in the chain of currency custody vulnerable to theft, as well as those who knowingly or unknowingly are in close proximity.

Spot the Real Crisis

Attorney General Maura Healey clearly can tell a true crisis from a fake one. When it comes to shortages, Massachusetts’ towns foot-dragging and obstruction on housing construction just can’t compete with the regulatory delays faced by pot shops, which she’s aggressively putting a stop to.

Gardner Credit Union to Bank Recreational Marijuana

A small Massachusetts credit union is making national headlines after it announced last week that it would serve recreational marijuana businesses, making it the first financial institution in the Bay State to wade into what is expected to be an absolutely massive industry.