Navigating Safe Harbor

Navigating Safe Harbor PDF Author: Sundie Seefried
Publisher: Createspace Independent Publishing Platform
ISBN: 9781532856754
Category :
Languages : en
Pages : 118

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Book Description
After Colorado voters approved the sale and use of medicinal and recreational cannabis, the state's landscape was changed. Suddenly, dispensaries and grow houses were everywhere, and customers numbered in the tens, if not hundreds, of thousands. But federal laws make it difficult for cannabis businesses to open checking or savings accounts in federally insured financial institutions. It's nearly impossible for these businesses to wire funds, access lines of credit, or maintain payroll accounts. The result is an industry that has been forced to pay its bills, employees, suppliers, and taxes in cash. Briefcases and backpacks full of cash. Enter Safe Harbor Private Banking. Concerned about the risks a cash-based industryposes to public safety, it plunged into cannabis banking determined to take money off the streets and to offer law-abiding businesses a port in a turbulent sea. Its experiences serving the cannabis industry offer a primer for other bankersconsidering a similar program and for policy makers and regulators eager to bringstability to a topsy-turvy marketplace.

Navigating Safe Harbor

Navigating Safe Harbor PDF Author: Sundie Seefried
Publisher: Createspace Independent Publishing Platform
ISBN: 9781532856754
Category :
Languages : en
Pages : 118

Get Book Here

Book Description
After Colorado voters approved the sale and use of medicinal and recreational cannabis, the state's landscape was changed. Suddenly, dispensaries and grow houses were everywhere, and customers numbered in the tens, if not hundreds, of thousands. But federal laws make it difficult for cannabis businesses to open checking or savings accounts in federally insured financial institutions. It's nearly impossible for these businesses to wire funds, access lines of credit, or maintain payroll accounts. The result is an industry that has been forced to pay its bills, employees, suppliers, and taxes in cash. Briefcases and backpacks full of cash. Enter Safe Harbor Private Banking. Concerned about the risks a cash-based industryposes to public safety, it plunged into cannabis banking determined to take money off the streets and to offer law-abiding businesses a port in a turbulent sea. Its experiences serving the cannabis industry offer a primer for other bankersconsidering a similar program and for policy makers and regulators eager to bringstability to a topsy-turvy marketplace.

Cannabis Banking

Cannabis Banking PDF Author: Erin O'Donnell
Publisher: John Wiley & Sons
ISBN: 1394276265
Category : Business & Economics
Languages : en
Pages : 247

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Book Description
Unlock the financial potential of the cannabis industry Cannabis Banking: Legal Frameworks and Practical Solutions for Cultivating Compliance offers a deep dive into a critical issue facing cannabis businesses worldwide: the challenge of accessing essential financial and banking services. Written by a team of experienced finance professionals and entrepreneurs, this guide is tailored to demystify the complex world of banking regulations and present practical solutions for cannabis enterprises. As the cannabis sector continues to expand at an unprecedented rate, many businesses find themselves hindered by regulatory uncertainties, preventing them from accessing the financial services necessary for growth. Cannabis Banking not only addresses these challenges but also opens the door for finance professionals, entrepreneurs, and investors to explore substantial business opportunities within the industry. You'll also find: Detailed discussions on the pending SAFER legislation that grants safe harbor to banks who do business with cannabis enterprises Strategies for maintaining compliance and optimizing fiscal opportunities when banking cannabis firms Up-to-date guidance, practical tips, and real-world case studies of cannabis finance and banking Whether you are a bank and credit union personnel, compliance officer, risk analyst, or fintech professional involved with the cannabis sector, Cannabis Banking is your go-to resource for navigating the complexities of cannabis finance. Equip yourself with the knowledge to foster efficient, compliant financial operations and propel your cannabis business or financial career forward.

The Cannabis Business

The Cannabis Business PDF Author: Charles S. Alovisetti
Publisher: Routledge
ISBN: 1000282600
Category : Business & Economics
Languages : en
Pages : 192

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Book Description
As the largely illicit cannabis market transitions to a legal, regulated industry, the "canna-curious" and experienced industry participants alike are experiencing the harsh truth: Making a fortune in the legal cannabis industry is a challenge made even more difficult by a complex patchwork of state and federal laws. The Cannabis Business clears the confusion around topics such as the distinction between hemp and cannabis and why it matters for consumers and regulators, why CBD isn’t completely legal in the U.S., why and how states differ in their licensing processes, and how deal structuring is impacted by state regulations. Written by attorneys from the nation’s leading cannabis law and policy firm, this comprehensive primer on all things cannabis law is a must-have for anyone seeking to understand the major practical legal issues facing the cannabis industry in the U.S.

Marijuana Federalism

Marijuana Federalism PDF Author: Jonathan H. Adler
Publisher: Brookings Institution Press
ISBN: 0815737904
Category : Political Science
Languages : en
Pages : 163

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Book Description
On marijuana, there is no mutual federal-state policy; will this cause federalism to go up in smoke? More than one-half the 50 states have legalized the use of marijuana at least for medical purposes, and about a dozen of those states have gone further, legalizing it for recreational use. Either step would have been almost inconceivable just a couple decades ago. But marijuana remains an illegal “controlled substance” under a 1970 federal law, so those who sell or grow it could still face federal prosecution. How can state and federal laws be in such conflict? And could federal law put the new state laws in jeopardy at some point? This book, an edited volume with contributions by highly regarded legal scholars and policy analysts, is the first detailed examination of these and other questions surrounding a highly unusual conflict between state and federal policies and laws. Marijuana Federalism surveys the constitutional issues that come into play with this conflict, as well as the policy questions related to law enforcement at the federal versus state levels. It also describes specific areas—such as banking regulations—in which federal law has particularly far-reaching effects. Readers will gain a greater understanding of federalism in general, including how the division of authority between the federal and state governments operates in the context of policy and legal disputes between the two levels. This book also will help inform debates as other states consider whether to jump on the bandwagon of marijuana legalization.

Investing in Cannabis

Investing in Cannabis PDF Author: Dan Ahrens
Publisher: John Wiley & Sons
ISBN: 1394171331
Category : Business & Economics
Languages : en
Pages : 233

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Book Description
Learn how to get in on the ground floor of the booming cannabis industry with this comprehensive guide Investing in Cannabis: The Next Great Investment Opportunity examines the rapidly expanding world of cannabis investment. Written by a renowned expert in "vice investing," Investing in Cannabis takes an in-depth look at all aspects of publicly traded stocks in the cannabis industry for medical or recreational use, including: CBD / hemp companies Cannabis oil extraction Cannabis cultivation / agriculture companies Biotech / pharmaceutical companies This book focuses on the status and history of cannabis legalization plus concrete examples that every day investors can use to make intelligent and informed investments in any sector of the modern, legal cannabis industry. With an emphasis on good lists and data, the author guides readers through the ins and outs of the booming cannabis industry and attempts to distinguish between future breakout success stories and future busts. Investing in Cannabis is perfect for any person or institutional investor seeking to diversify their portfolio to include investments in this up-and-coming industry.

Cannabis Capital

Cannabis Capital PDF Author: Ross O'Brien
Publisher: Entrepreneur Press
ISBN: 1613084188
Category : Business & Economics
Languages : en
Pages : 282

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Book Description
The cannabis industry is seeing an explosion of entrepreneurship and a great amount of capital is flowing into the sector globally. It is essential for cannabis business owners to understand how to be one of the few businesses that secure funding. The answer to bridging this disconnect lies in not only understanding how to build a successful business but, directly listening from investors on what is required when backing a company. And most importantly, why they invest in certain companies, entrepreneurs and not others. Cannabis Capital is the definitive resource outlining the fundamentals for building a company that will attract investment, why investors will invest and how to successfully raise capital. Ross O’Brien brings more than a decade of investing in private companies, managing a $50 million cannabis investment fund, hosting cannabis industry events, as well as investor forums. O'Brien shares the best practices and shares proven frameworks for success.

The Routledge Handbook of Post-Prohibition Cannabis Research

The Routledge Handbook of Post-Prohibition Cannabis Research PDF Author: Dominic Corva
Publisher: Routledge
ISBN: 1000392600
Category : Social Science
Languages : en
Pages : 466

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Book Description
The place of cannabis in global drug prohibition is in crisis, opening up new directions for socially engaged cannabis research. The Routledge Handbook of Post-Prohibition Cannabis Research invites readers to explore new landscapes of cannabis research under conditions of legalization with, not after, prohibition: "post-prohibition." The chapters are organized into five multidisciplinary sections: Governance, Public Health, Markets and Society, Ecology and the Environment, and Culture and Social Change. Case studies from the United States, Uruguay, Morocco, and the United Kingdom show readers alternative ways of thinking about human–cannabis relationships that move beyond questions of legality and illegality. Representing a cross-section of cannabis scholarship, the contributors provide readers with critical perspectives on legalization that are not based upon orthodoxies of prohibition. While legalization signals a global shift in the legitimacy of cannabis research, this collection identifies openings for academics, policy makers, and the public interested in ending the drug war, as well as a way to address broader social problems evident in the age of neoliberal governance within which prohibition has been entangled.

A Woman's Guide to Cannabis

A Woman's Guide to Cannabis PDF Author: Nikki Furrer
Publisher: Workman Publishing Company
ISBN: 1523505087
Category : Health & Fitness
Languages : en
Pages : 273

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Book Description
A handbook for understanding and using marijuana, written just for women--whether they're using it for medicinal relief or for pleasure. This book is like having a knowledgeable salesperson across the counter at a dispensary who can hand-sell you a product to fit your mood and tastes--because author Nikki Furrer is that person as a producer and distributor of marijuana products to dispensaries. The book answers the questions that Nikki receives from women every week.

The Business of Cannabis

The Business of Cannabis PDF Author: D. J. Summers
Publisher: Bloomsbury Publishing USA
ISBN: 1440857873
Category : Business & Economics
Languages : en
Pages : 193

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Book Description
What happens when corporate culture takes over counterculture? This book explores the contradictions present within the cannabis industry from a business and policy perspective. Despite the unique culture surrounding cannabis, this new industry follows the same economic principles as does any other agricultural product—that is, it would if the federal government allowed it to. Four distinct challenges prevent the cannabis industry from becoming fully legal and federally regulated in the United States, equivalent to the alcohol, pharmaceutical, or tobacco industries: federal regulations counter to state laws, an unfriendly financial system, a U.S. attorney general bent on keeping the drug war running, and Prohibition's 70-year-old legacy of distrust between legalization advocates and opponents. Policy, however, is changing. Already the world's most heavily consumed illicit drug is in the midst of an international transformation. Globally, a new international trade market has emerged from efforts to legalize it for medical or recreational use, and in the United States, the nascent cannabis industry has acquired lobbyists, well-financed industry kingpins, an extensive ancillary industry, and taxation. The Business of Cannabis explores these issues in depth and contextualizes U.S. drug policy at a time when lawmakers across the nation are deciding which way to lean on the issue.

Cross-border Banking

Cross-border Banking PDF Author: Gerard Caprio
Publisher: World Scientific
ISBN: 9812568298
Category : Social Science
Languages : en
Pages : 491

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Book Description
Cross-border banking, while having the potential for a more efficient financial sector, also creates potential challenges for bank supervisors and regulators. This volume discusses topics that include: the landscape of cross-border bank activity, the resulting competitive implications, emerging challenges for prudential regulation, and more. Cross-border banking, while having the potential for a more efficient financial sector, also creates potential challenges for bank supervisors and regulators. It requires cooperation by regulatory authorities across jurisdictions and a clear delineation of authority and responsibility. That delineation is typically not present and regulatory authorities often have significantly different incentives to respond when cross-border-active banks encounter difficulties. Most of these issues have only begun to be seriously evaluated. This volume, one of the first attempts to address these issues, brings together experts and regulators from different countries. The wide range of topics discussed include: the current landscape of cross-border bank activity, the resulting competitive implications, emerging challenges for prudential regulation, safety net concerns, failure resolution issues, and the potential future evolution of international banking.