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Credit Union Helps US Marijuana Businesses Put Down Roots

PYMNTS

On October 4, the Massachusetts Cannabis Control Commission (CCC) issued its final four recreational marijuana licenses to businesses, meaning legal marijuana will soon be available for purchase. Massachusetts joins a handful of states, including Colorado, Washington and Maine, that have taken steps to legalize recreational marijuana.

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GonzoBanker Awards 2017

Gonzobanker

Heavy-handed regulators. 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. Executioner’s Tax (Swing of the Ax) – Power Trip. Payments chaos.

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Fizzle Of The Week: The Activist CFPB

PYMNTS

The CFPB also announced that in the meantime, it would be providing waivers to banks hit by the implementation deadline so that compliance efforts would not be complicated by rule changes. South Korea is levying heavy duty taxes on trades. That decision drew markedly mixed reactions. . Those fights can be expected to continue. .

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