Remove Colorado Remove Compliance Remove Retail Remove Taxes
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Credit Union Helps US Marijuana Businesses Put Down Roots

PYMNTS

Massachusetts joins a handful of states, including Colorado, Washington and Maine, that have taken steps to legalize recreational marijuana. Recreational marijuana may be legal now, but many FIs remain reluctant to conduct business with marijuana retailers, due to the industry’s controversial nature.

Colorado 126
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The Dawn Of A Cashless Global Economy?

PYMNTS

There are issues of transaction security, criminal elements, tax evasion, free flow of capital, access to goods and services and the ability to fully participate in the global economy. Now legal in 23 states, with recreational use also legal in Alaska, Colorado, Oregon and Washington, marijuana is very much still a cash-based business.

Taxes 100
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Microsoft, KIND Financial Inhale Marijuana Partnership

PYMNTS

Working with pot growers, sellers and government entities, KIND coordinates the connections through that “seed-to-sale” method, collecting and analyzing the related data so that everything is in compliance with all current laws.

Software 100
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Fizzle Of The Week: The Cannabis Payments Conundrum

PYMNTS

states (and the District of Columbia) where marijuana has been legalized for sale in some capacity, it has thrown off a fairly large chunk of tax revenue in the last year. billion in taxes from legal cannabis companies last year, an amount of money that is undoubtedly a sizzle for the federal coffers.

Taxes 177
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GonzoBanker Awards 2017

Gonzobanker

Seriously, sit back with a pocket flask of Pappy Van Winkle, smoke a cigar (or your combustible of choice if you live in Colorado, California, Washington, Oregon, Nevada, Main or Massachusetts) and enjoy the 2017 GonzoBanker Awards. Monty Python “I’m Not Dead … Yet” Award – Goes to physical retail. Millionaire – Chris Stapleton.

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FinDEVr Silicon Valley: Looking Back, Moving Forward

Fintech Labs Insights

Honored as the Innovation Showcase Award winner by the attendees of the BAI Retail Delivery conference. Named one of the top 100 tech companies in Colorado by Built in Colorado. Added to its Compliance Document Management Solution, CertCapture. Teamed up with WooCommerce to help online merchants manage sales taxes.

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Why The SAFE Banking Act Won’t Solve All Cannabis’ Payment Problems

PYMNTS

The bill promises to open up cashless payments for the growing retail cannabis industry. The bill was sponsored by Congressmen Ed Perlmutter of Colorado, Denny Heck of Washington, Steve Stivers of Ohio and Warren Davidson of Ohio — all members of the House Committee on Financial Services. House of Representatives.

Payments 213