According to MJBizDaily, a Colorado-based credit union believes it may have the solution to marijuana businesses’ banking issues, one that it hopes will be available in six states by the end of this year and about 20 by the end of 2018. Sundie Seefried – the CEO of Partner Colorado Credit Union and architect of the institution’s Safe Harbor Private Banking program, which handles about $80 million per month in marijuana business deposits in the state – is betting on that success and a new potentially pioneering deal in Hawaii to prove it’s possible to safely bank cannabis companies.
Click here to read the complete article at MJBizDaily.com
Announcements
Vacancies
- Sales Representative Substrates Peru
- Head Grower – High Technology Organic Greenhouse
- Import and Export Sales Manager
- Sales Manager - US
- Key Account Manager (f/m/d) - Full-time
- Vice President of Growing Operations
- Account Manager - Canada
- Account Manager - United States
- Procurement Manager Blueberries
- International Fruit Trader
Solution on the horizon for marijuana business banking issues
Publication date:
Receive the daily newsletter in your email for free | Click here
Other news in this sector:
- 2023-08-28 China works to minimize flood impact, ensure vegetable supply
- 2022-08-24 Heart Research Institute looks at ways vegetables could treat strokes
- 2021-12-13 CAN: Companies seek approval for C-19 vaccine, using plants to express proteins needed
- 2020-04-10 Spain approves hiring 80,000 unemployed and immigrants to cover farm shortfall
- 2020-03-31 US (PA): Harrisburg University still running aquaponics lab, donating produce during virus outbreak
- 2019-04-01 HortiDaily starts MMJDaily.com
- 2019-03-25 Aphria shows automation in new video
- 2019-03-06 CEA Advisors forms new division focused on cannabis industry
- 2019-03-05 Denmark: Spectrum Cannabis ready for sale in autumn
- 2019-03-05 CA (BC): Cannabis grower gets permit for growing facility
- 2019-03-01 "I think the Netherlands can become the Champagne region of cannabis"
- 2019-02-27 Belgium takes first step towards legalization of medicinal cannabis cultivation
- 2019-02-25 Canada: 'World's largest indoor organic hemp CBD grower' setting up in Manitoba
- 2019-02-14 Sustainability and the cultivation of quality cannabis
- 2019-02-11 Canopy Growth to inject 30 million CDN in additional capital into Canopy Rivers
- 2019-02-08 US (CA): Cannabis Research Center to explore environmental, social impacts of legalization
