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Bridging Banking Gaps For Cannabis Companies

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There are security costs, theft risk, tracking of how cash is used, vendor management, the lack of payroll infrastructure in place, the 10+ percent premium charged for paying taxes with cash, cash courier services and the sheer amount of time required day in and out to manage the flow of paper bills. “At The government benefits, too.

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Sports Betting Moves Forward In The U.S. — With or Without ‘Integrity Fees’

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Meanwhile, states such as Kentucky, Connecticut, Illinois, Michigan, Indiana, Massachusetts, Maryland and others are making moves toward legalization, and via different methods. The state reportedly would impose a $250,000 licensing fee on betting providers, along with a 3 percent tax. percent state tax on sports wagers.