The History of Cannabis and Banking

With even more interest generated by the public in exploring state led initiatives, many policy makers are looking to Washington to clarify the stance of the federal government in dealing with state-legal businesses handling cash from cannabis based revenue streams.

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Solutions in Cannabis Banking with Distributed Ledger Technology

As stated in previous writing, the software tools and services need to implement the Cannabis related Business financial processes have a unique set of technical attributes due to the added complexity federal and state regulation.

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Analysis of the Common Issues of Cannabis Banking

There are several policy options for addressing the inconsistency between federal and state regulation. The potential solutions range from Congress doing nothing, and maintaining the current policy, to complete federal legalization of marijuana. Regardless of how policy changes, solutions to effectively interact with federal and banking institutions with the utmost transparency and security must be explored.

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