Anchorage, Alaska - With legal marijuana sales underway in Alaska, growers will soon be submitting their first tax payments to the state.
For most businesses, that wouldn't be a problem: They'd just cut a check. But some banks are leery about dealing with pot businesses since marijuana...
Denver - Marijuana's overwhelming success at the ballot box Tuesday dumps a California-sized pile of pressure onto the federal government to answer a fairly basic question: Where are they going to put all that cash?
Because marijuana remains illegal at the federal level, banks refuse to give...
In the shadowy marketplace of quasi-legal cannabis, cash rules. North Bay cultivators, processors, distributors and dispensaries move product and transact millions of dollars' worth of business, but few people accept digital payments. Payments happen with stacks of cash - one form of green for...
Medical marijuana may be a billion-dollar industry in California, but it's a cash business.
Because marijuana remains illegal under federal law, most pot shops can't get bank accounts or accept credit card transactions because the financial services companies fear they would be penalized or...
A handful of states are considering making recreational marijuana legal, and the businesses already doing that in Colorado could be examples for others. Because it's still illegal at the federal level, they face different barriers than your average small business.
From the very beginning of...
Hello all,
I am new to growing and had a few questions that I am sure some if not all could answer for me. lol
I am not going to aske if the cash crop 5.0 is to small cuz this is all I have, I am unsure what size pot's I can use, I have Crown Royale seeds, I got the tall cash crop 5.0 model...
Johnstown, Ohio - Now that Ohio has legalized medical marijuana, dozens of businesses in the state are lining up to cash in.
Andy Joseph's Apeks Supercritical is one of them. The Licking County company, which sells fully automated machines that extract oils from plants - including from...
Johnstown, Ohio - Now that Ohio has legalized medical marijuana, dozens of businesses in the state are lining up to cash in.
Andy Joseph's Apeks Supercritical is one of them. The Licking County company, which sells fully automated machines that extract oils from plants - including from...
More than a year after Colorado became the first state to allow recreational cannabis sales, the marijuana industry is growing and evolving further. Entrants, who often have loads of cash and product on hand are taking cues from the gambling industry, which knows a lot about managing bricks of...
Do you have those situations in your life that just shimmer with a "Groundhog Day" vibration? Maybe it's a friend who comes to all your get-togethers, brings crappy beer and pounds as many tasty brews in as short a time as possible; a relative who serves the same terrible 1970s casserole when...
Voters in Portland will get to decide whether to add a local tax to recreational marijuana sales. The Portland City Council referred a 3 percent tax to the November ballot on Wednesday.
The city revenue bureau estimates the tax would generate at least $3 million a year.
But cannabis businesses...
Oregon raked in $3.48 million from January recreational pot sales – the first month of the state's 25 percent tax – far outpacing the $3 million projected for the entire year.
Collecting those taxes is no simple task. More than half of Oregon's recreational pot dealers paying their taxes that...
The Sacramento branch of the California tax collection agency reeks of marijuana.
That's because it's cash day at the collection center — when marijuana dispensary owners are allowed to bring in paper money to pay their quarterly sales tax bill — and the smell of their inventory clings to...
Although selling marijuana is now legal in 24 states and the District of Columbia, doing business as a legal marijuana company is a logistical nightmare. That's because marijuana is still federally illegal, and banks open themselves up to potential seizure by the FDIC if they take money that is...
Hello 420 family,
Very glad to be back. Looking forward to getting a lot more great advice and helping as much as possible. Finally made my first seed order from Herbie's Head Shop. I ordered 1 Incredible Bulk feminized and 1 Cream of the Cash Crop Auto. Can't wait to get them, so be on the...
Amercanex, the American Cannabis Exchange, will begin offering ACEpay, a treasury and cash management system that allows ACE Marketplace participants to deposit cash as well as pay their bills, payroll and taxes in compliance with local regulations.
Participants will also be able to accept...
hello,
i am a us army vet 35 years old
i got busted for 2nd degree poss of weed in 2007 in bham alabama
I was put on a deferment program that never ended. random drug testing that cost me my job
I had to pay for each test and when i ran out of cash despite showing up i was counted as not...
I just purchased 5 blueberry seeds from 'crop king seeds'. I only have a debit so my only other method of payment that i preferred was cash. i have recieved the order conformation, but I'm not sure if they have been shipped yet or will wait until they attain my cash threw the mail? Thx for the...
I would like to say hello to everyone and let you know a little about myself. My name is Justin but you can call me Budz Man. I am glad to be apart of the 420Magazine community and I hope I can learn and Share with everyone my Experiences with you.