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How cannabis businesses conduct banking business while it’s still against federal law

How cannabis businesses conduct banking business while it’s still against federal law

by Marshall Griffin | Jan 16, 2024 | Business, News

Banking services for cannabis dispensaries in Missouri are limited due to marijuana being illegal on the federal level. Jack Cardetti with the trade group MoCannTrade hopes Congress will pass legislation that would prevent banks from being penalized by the feds for...
How cannabis businesses conduct banking business while it’s still against federal law

Why recreational marijuana sold in Missouri is grown in Missouri

by Marshall Griffin | Jan 10, 2024 | News, Politics / Govt

Missouri’s marijuana industry continues booming as the one-year anniversary of commercial recreational sales approaches. Jack Cardetti is with MoCannTrade, the trade organization that represents Missouri’s cannabis industry. He said one reason why is the requirement...
Cannabis trade group suing St. Louis County and Missouri over ‘double-taxing’

Cannabis trade group suing St. Louis County and Missouri over ‘double-taxing’

by Marshall Griffin | Oct 13, 2023 | Crime / Courts, News

A marijuana trade group is suing St. Louis County and the state of Missouri over the county levying sales taxes on cannabis sales. Amendment 3, which passed nearly a year ago, allows local governments to levy a 3% local sales tax on marijuana sales on top of the state...

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