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Colorado’s Marijuana Industry Tops $6B

PYMNTS

The Colorado Department of Revenue has revealed that the state’s regulated marijuana industry sales have topped $6 billion since sales began in 2014. In addition, taxes generated by the industry grew by nearly 8 percent last year. Last year, regulated marijuana sales in Colorado were nearly $1.55 billion the previous year.

Industry 155
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Helping Nonprofits Embrace Cash Management

PYMNTS

These groups also face a common small- to medium-sized business (SMB) challenge — needing to track every transaction to prove fiscal responsibility to donors and regulators. million tax-exempt groups active in the U.S., according to the latest figures from the IRS, which monitors and regulates such organizations.

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Assessing Global Cash Flow Post Pandemic

Abrigo

Not only has the pandemic impacted businesses by shortening operating hours or closing businesses altogether, but it has introduced stimulus money that those same businesses have come to rely on as part of their cash flow, creating new challenges to testing the creditworthiness of prospective borrowers. 20/30/50 split over three years).

Analysis 195
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Google Facing Antitrust Fine From EU Over AdSense

PYMNTS

billion) fine last year for using its Android operating system to block competitors. billion euro fine in 2017 for the blocking of competition on shopping comparison sites. European Competition Commissioner Margrethe Vestager has said she was putting the final touches on the case. . Google was hit with a 4.34 billion euro ($4.91

Google 116
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Big Tech Compliance Tracker: Europe Plans To Release Drafts Of Digital Regulation Legislation; UN Initiative To Tax Big Tech In Developing Nations Gains Momentum

PYMNTS

Regulation. The Digital Services Act will be one of the regulations, which Vestager said will revise the eCommerce Directive and will make digital services take additional responsibility for contending with “illegal content and dangerous products.”. The Digital Markets Act is a second set of regulations. and Facebook Inc.

Taxes 212
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Should Obama ‘Heed The Call’ On Bitcoin?

PYMNTS

Stop ISIS, bring peace to the Middle East, clean up the economy, create more jobs, fix the education system, lower taxes, etc., Because he believes there should be proper protection and regulation over them. His comparison? The point: to ensure laws and regulation would not negatively impact innovation. Promoting bitcoin.

Bitcoin 100
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The Velocity of Risk – What Bankers Need To Know

South State Correspondent

The Comparison of Risk. One morning, President Trump tweeted his desire for an additional tax on all foreign-owned companies operating in the US. The first risk of a tax on foreign-owned companies resulted in an instantaneous credit shock, while the change in gas station demand will take place over years.