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  1. Ron Strider

    California Wants Armored Cars To Transport Hundreds Of Millions In Cannabis Cash

    California may resort to using armored cars to transport the hundreds of millions of dollars the state anticipates making in tax from marijuana sales. The suggestion was made by the state treasurer John Chiang, who said the problems anticipated from the legalization of recreational cannabis...
  2. Ron Strider

    CA: Cannabis-Banking Group Meets In Santa Rosa

    The Cannabis Banking Working Group, headed by John Chiang, California's treasurer, will hold a meeting on Thursday in Santa Rosa. One of the panelists will be Kirk Anderson, chief operations officer for CannaCraft, the largest cannabis business in Santa Rosa, with cannabinoid extraction and...
  3. Katelyn Baker

    CA: Santa Rosa Cannabis Manufacturer CannaCraft Gets A Visit From State Treasurer

    It was payday at local cannabis manufacturer CannaCraft when Santa Rosa police raided in July. At the time, the business was out of compliance with city codes. Police confiscated about $500,000 in cash, divided into stuffed envelopes ready for the company to pay its workers. On Friday, State...
  4. Katelyn Baker

    California Starts To Figure Out How Banks Will Work With Marijuana Businesses

    State Treasurer John Chiang has formed a working group focused on finding ways to provide banking services for the cannabis industry, which is now forced by federal law to operate largely in cash. California has about a year to come up with a plan. That's when the state's first recreational...
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