The cannabis industry has faced significant challenges in securing reliable banking services due to the complex legal landscape surrounding the plant’s classification. Despite the grow… Read More
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Monarch Technologies, Inc. is a fully licensed Money Transmittal Service Provider. Currently, we are operating as a Fintech services provider for the legitimate Hemp industry, serving businesses, governmental compliance entities, and consumers. We’ve developed a proprietary business banking compliance platform called Monarch. Monarch was built after years of industry research from client frustration and misunderstanding of how to handle compliance, taxation, and payments in the Hemp/CBD industry.
Cannabis businesses face unique challenges, especially in banking. With federal regulations still classifying cannabis as illegal, traditional banks are often hesitant to work with the indus… Read More
Imagine a busy cannabis dispensary, customers lining up to purchase their favorite products, and sales soaring to new heights. Behind the scenes, however, there’s a critical component… Read More
Banking can be a real headache for cannabis businesses. With so many banks refusing to work with the industry due to federal regulations, it often feels like a constant struggle. But don&rsq… Read More
The cannabis industry, once relegated to the shadows, now finds itself at the precipice of mainstream acceptance and unprecedented growth. Yet, as these businesses bloom, they remain trappe… Read More
IC: Bricker Graydon – brickergraydon.com.
Walking into a local bank where the tellers greet you warmly, not as any other customer, but as someone in an industry that has long been… Read More
Picture the horror of receiving a hefty fine or even facing closure due to a minor slip in financial record-keeping. This scenario is more common than you might think, given the complex reg… Read More
Picture the horror of receiving a hefty fine or even facing closure due to a minor slip in financial record-keeping. This scenario is more common than you might think, given the complex reg… Read More
Navigating tax management and reporting in the Cannabis Industry requires not just understanding the nuances but also implementing effective strategies.
From deciphering tax codes specific t… Read More
The cannabis industry is unique in its reliance on cash transactions due to federal banking restrictions. Effective cash management is essential for ensuring the security and efficiency of c… Read More
Cannabis banking has long been a contentious issue, particularly due to the conflict between state and federal laws. As more states legalize cannabis for medical and recreational use, cannab… Read More
The cannabis industry is experiencing rapid growth, driven by increasing legalization and acceptance. As this industry evolves, so does the complexity of its regulatory environment. For cann… Read More
The cannabis industry is booming, with new dispensaries and products popping up every day. However, with growth comes the challenge of ensuring secure financial transactions. Enhancing secur… Read More
Monarch Technologies Partners with the City of Desert Hot Springs to Streamline Cannabis Compliance and Tax Collection
Newport Beach, CA — July 1, 2024 — Monarch Technologies, … Read More
Are they prepared to navigate the intricate world of cannabis banking? Envision a thriving business where regulatory challenges arise.
Understanding cannabis banking isn’t just essenti… Read More
Advocates and organizations praise the recent wave of 175,000 pardons by Maryland Gov. Wes Moore, showing the importance of helping those with current cannabis convictions on their records… Read More
The Portland Pickles—a collegiate summer baseball wooden bat team based in Portland, Oregon—will become the first sports team in the U.S. to legally sell THC products at live spo… Read More
Arizona Gov. Katie Hobbs recently signed Senate Bill 1677, which will permit both firefighters and certified peace officers to receive workers’ compensation to cover the price of MDMA… Read More
A Burlington, Connecticut man was busted for allegedly growing psilocybin mushrooms in a large, commercial-style factory with an estimated $8.5 million in street value. Weston Soule, 21, is… Read More
Track and field phenomenon Sha’Carri Richardson on Saturday qualified for the 2024 Olympics, three years after the star sprinter was disqualified from the U.S. team because of a positi… Read More
Nota por Hernán Panessi publicada originalmente en El Planteo. Más artículos por El Planteo en High Times en Español.
Síguenos en Insta… Read More
Compliance in the cannabis industry is critical to ensuring your business operates legally and efficiently. Given the complexity and variability of state financial regulations, maintaini… Read More
Step aside, psilocybin: A new shroom is in town.
According to a new study by researchers at the University of California (UC) San Diego’s Herbert Wertheim School of Public Health and H… Read More
Responsible PA, a Pennsylvania-based advocacy group, recently partnered with FTI Consulting to determine important data about the state’s cannabis industry potential.
FTI Consulting an… Read More
Earlier this month, my brother and I got tickets to see Argentina play against Canada in the Conmebol Copa America at Mercedes-Benz Stadium, and naturally we smoked a bit before heading over… Read More
The primary THC metabolite that lingers in urine and blood is likely still active and as potent as THC, if not more, new data suggests. The new findings present more questions than answers… Read More
On June 20, the University of New Hampshire published the poll results of its numerous state topics such as Gov. Chris Sununu’s job performance, housing as the most important problem s… Read More
As someone who started in the medical cannabis space, I was completely freaked out when the hemp CBD craze emerged. To this day, there’s no head of the hemp world. That’s why, fo… Read More
Growing up in Hawaiʻi, Davin Carvalho was always drawn to the outdoors. He and his friends would skateboard, surf, and explore Oʻahu’s west side, enjoying the warm sun, breez… Read More
Nota por Nicolás José Rodríguez publicada originalmente en El Planteo. Más artículos por El Planteo en High Times en Español.
S… Read More
Nota por Hernán Panessi publicada originalmente en El Planteo. Más artículos por El Planteo en High Times en Español.
Síguenos en Insta… Read More
As the market expands, the need for efficient and secure payment processing for the cannabis industry becomes increasingly crucial. Navigating the complex landscape of cannabis payment proce… Read More
The Justice Department and the U.S. Drug Enforcement Administration (DEA) announced on June 18 a 10-count superseding indictment, charging Los Angeles-based individuals linked to Mexico&rsqu… Read More
Restorative justice advocates in Maryland are calling on Democratic Governor Wes Moore to take additional steps to provide relief to those with marijuana-related convictions, only days after… Read More
There are numerous methods to consume cannabis, but there is no single “best” method. Each provides a distinct experience and benefits, catering to a variety of interests and dem… Read More
Advocates held a rally on Tuesday, following last week’s revelations by The City’s Rosalind Adams showing the plan to finance New York’s cannabis industry moved forward des… Read More
Arizona Gov. Katie Hobbs vetoed a bill on June 18 that would have permitted the use of psilocybin in designated treatment centers.
If House Bill 1570 became law, it would have granted $5 mil… Read More
Much ink has been spilled over the hallowed tolerance break, affectionately known to us stoners as the slightly threatening, slightly alluring “T-Break.” When you should take the… Read More
The cannabis industry is experiencing rapid growth as more states in the U.S. move towards legalization. However, one of the most significant challenges faced by cannabis businesses is navig… Read More
A company created by Cheech Marin and Tommy Chong—the iconic comedy duo known as Cheech and Chong—filed to hire a lobbyist in order to get involved with the lawmaking process in… Read More
Recently, researchers Christopher P. Holstege and Rita Farah unveiled the results of their study on the increase in poison center calls for mushroom consumption. In “Psilocybin Exposur… Read More
This year’s California State Fair will feature weed sales and a cannabis consumption area in the latest sign of marijuana’s growing acceptance by mainstream America. This year ma… Read More
The second annual Vlasic Classic Charity Golf mixer was recently held in Missouri by the brand of the same name, Vlasic Labs. The Vlasic Classic featured an 18-hole golf tournament in which… Read More
A new study examined the effects of psilocybin in an animal model for treating anorexia nervosa, showing that the compound improves body weight maintenance in female rats, facilitating what… Read More
Paris was born and raised in San Francisco, California, the Bay Area’s big sister city to Oakland, home of the Black Panther Party (BPP). Founded by Bobby Seale and Huey P. Newton in 1… Read More
By A. Craig Copetas and Gary Putka
Khat: the cocaine of Africa—the mint green leaf of the shrub Catha edulis—is a way of life in the new nation of Djibouti and the ancient land o… Read More
A blanket pardon of cannabis-related conviction will help to clean up some of the mess impacting the state of Maryland due to cannabis laws that disproportionately affect communities of colo… Read More
Residents of Martha’s Vineyard and Nantucket, the islands off the coast of Massachusetts, recently spoke up about the need to permit medical cannabis to be transported across the water… Read More
An investigation into the safety of cannabis products for sale on the shelves of licensed California pot dispensaries has revealed unsafe levels of pesticides that exceed state limits for ma… Read More
Police across the country continue to pull drivers over for one reason, then choose to search their vehicle for an entirely different reason—if it smells like pot. But it isn’t h… Read More
On June 12, the North Carolina House Judiciary Committee discussed House Bill 563, which would implement a new law banning the sale of hemp-derived consumables to anyone under 17 years of ag… Read More
The rapidly-growing cannabis industry faces numerous challenges, and one of the most pressing is the difficulty in accessing banking services. For years, cannabis businesses have been hinder… Read More
Nota por Hernán Panessi publicada originalmente en El Planteo. Más artículos por El Planteo en High Times en Español.
Síguenos en Insta… Read More
The American Medical Association (AMA) voted to support drug decriminalization recently on June 12. During the AMA’s annual House of Delegates meeting that was held in Chicago, Illinoi… Read More
GOP lawmakers in the U.S. House of Representatives this week removed legislative provisions to protect banks that serve cannabis businesses from a federal funding bill after resistance from… Read More
Anything is better than an invasion of arrogant, drunken football fans from England—including cannabis—at least according to German police who spoke out on the matter recently, a… Read More
The results of a recent study found that closer proximity to cannabis dispensaries in a community leads to a lower rate of opioid prescription. The study entitled “Recreational cannabi… Read More
Michigan has overtaken California as the largest cannabis market in the U.S., at least in terms of sales volume, according to data collected by multiple market intelligence firms. Both firms… Read More
Choosing the right banking partner for your cannabis business is a critical decision that can significantly impact your operations and growth. The cannabis industry faces unique challenges… Read More
It’s been over one year since Oregon’s first psilocybin therapy license was approved, and updated news reports are sharing that there aren’t enough customers to go around… Read More
A limited-edition strain from an Oregon-based grower was named after U.S. Vice President Kamala Harris—and it ended up becoming the topic of a conversation on Jimmy Kimmel Live. The vi… Read More
According to Arizona social equity applicants and community members, the state’s cannabis program isn’t operating as intended.
The passage of Proposition 207 in 2020 legalized ad… Read More
State lawmakers in Massachusetts say a bill to regulate intoxicating hemp products is unlikely to pass this year despite their insistence that regulations are needed.
Massachusetts has… Read More
University of California, Berkeley (UC Berkeley) will observe human subjects in a study to determine if psilocybin, the active compound in magic mushrooms.The study marks UC Berkeley’s… Read More
Florida Republican Governor Ron DeSantis on Monday announced the establishment of a new political action committee to fund a campaign to defeat a ballot measure to legalize recreational mari… Read More
A psilocybin treatment bill was recently introduced on June 6 by California Sen. Brian W. Jones and Sen. Josh Becker, which if passed would create a pilot program for psilocybin therapy.
Sen… Read More
If you’re a fan of full spectrum cannabis cannabinoids, there’s one line you don’t want to miss: the Super 7 line from the fan favorite brand Binoid. For several year… Read More
The New York Cannabis Control Board (CCB) has officially approved rules that allow adults over 21 to cultivate cannabis at home, as of June 11. Now adults can care for a maximum of six plant… Read More
As the cannabis industry continues to grow, the issue of banking for marijuana-related businesses (MRBs) has become an increasingly complex legal landscape. Despite the legalization of canna… Read More
The city of Dallas, Texas will soon discuss whether or not to add a measure on the November ballot that would decriminalize small amounts of cannabis.
Recently in a news release, Dallas Coun… Read More
The CEO of cannabis multistate operator Green Thumb Industries is pitching a merger between his company and Boston Beer Co., the manufacturer of the Samuel Adams family of brews. Green Thumb… Read More
Not all edibles hit the same. Diamond Shruumz chocolate bars are infused with hemp-derived CBD and delta-8, but whatever they’re putting in them is making people sick, according to an… Read More
On Monday, Vermont Gov. Phil Scott signed several bills related to animal welfare, diversity in courts, and addiction recovery support, and allowed a cannabis bill to pass into law without s… Read More
Forty-three-year-old Jessica Beske from Fargo, North Dakota was pulled over by local police while traveling through Minnesota. Now she faces prison time for possessing bong water and other c… Read More
The legal cannabis industry, despite its rapid growth and increasing mainstream acceptance, faces significant challenges in securing reliable banking services. Due to the federal classificat… Read More
Cannabis advocate Les Crane was murdered nearly 20 years ago, and a newly announced documentary tells the story and analyzes who might have killed him.
On November 18, 2005, multiple gunshot… Read More
The Canadian government is proposing a series of amendments to federal cannabis regulations ranging from packaging to reporting requirements, all part of an effort to help ease the regulator… Read More
A woman in Pennsylvania took her dog to get groomed at PetSmart and she claimed her dog was high on THC upon return, however an investigation into the matter found no traces of THC in the do… Read More
It’s almost summertime; lazy, sunny, lake-filled days are almost upon us. The sound of cicadas fill the air, and everyone is reaching for a cold, refreshing beverage to enjoy as they s… Read More
Two new exhibits recently opened up in Denver, Colorado exploring themes surrounding magic mushrooms and cannabis.
The first exhibit is “Mycolandia,” which opened at the Dateline… Read More
Dozens of individuals allegedly linked to the most powerful cartel in Mexico were arrested and charged by federal agents in California and elsewhere in the western United States, the Departm… Read More
Get paid to smoke weed? A deal made in heaven and a study could help investigators better understand how cannabis cultivation and processing impacts the final product—in quantifiable t… Read More
The deadline for ballot initiatives to submit valid signatures is rapidly approaching, and the advocacy group Nebraska for Medical Marijuana (NMM) is requesting help from supporters to obtai… Read More
On June 6, the German Bundestag (German federal parliament) voted to adjust the currently existing adult-use cannabis law, including changes to restrictions for driving and cannabis club ass… Read More
One out of six primary care patients said they used marijuana in a survey of cannabis use, with many saying their use was primarily for medical reasons. The study by researchers at the Unive… Read More
On an overcast Tuesday evening at the end of September, hundreds of Amy Sedaris fans stood in line outside the Union Square Travel Agency—the third legal cannabis dispensary to open in… Read More
Trim Season is a horror film with a setup out of a dream. Making a few extra buckets working a beautiful cannabis farm sounds like a sweet deal. For the ensemble in director Ariel Vida&rsquo… Read More
The rapid growth of the cannabis industry brings a host of challenges, particularly in the realm of banking and financial compliance. Navigating these challenges is crucial for cannabis-rela… Read More
A 41-year-old woman in a case study reported remarkable improvements of longhauler’s symptoms after taking psilocybin and MDMA-assisted therapy sessions.
A case report, “Long-COV… Read More
The Idaho Farm Bureau Federation recently released information regarding an increase in hemp cultivation for last year. During 2023, farmers planted 1,273 acres of hemp, which is a massive i… Read More
Marc Fogel received a 14-year sentence for “large-scale drugs smuggling” after he was found in possession of just half an ounce of cannabis in Russia in August 2021. While legisl… Read More
Cannabis each day keeps prostate cancer away: Prostate cancer (PC) prevalence was lower in both current and former cannabis users compared to non-users in a recent study.
Alternative medicin… Read More
New Jersey Gov. Phil Murphy recently visited Prolific Growhouse on May 30 to tour the facility, speak with founder David Nicolas about his journey as a business owner, and learn about the st… Read More
The California Department of Public Health (CDPH) has issued a notice warning consumers not to drink Mary Jones hemp-infused sodas, saying the products are illegal in the state and potential… Read More
Rhode Island will offer a cannabis training program that prepares workers for industry, providing the skills they will need to thrive in the workforce.
According to a May 29 announcement, Rh… Read More
A new law in Iowa governing hemp products has drawn complaints from local brewers and retailers, with some even threatening legal action.
The measure, which was passed by Hawkeye State lawma… Read More
The landscape of cannabis banking in the United States is complex and is primarily influenced by federal legislation. Understanding how these laws impact cannabis businesses is crucial for n… Read More
A recent study published in Biocatalysis and Agricultural Biotechnology analyzed the possibilities of genetically engineering cannabis to ensure consistency and targeting specifical cannabin… Read More
An initiative to approve adult-use cannabis will appear on the ballot in South Dakota. Is the third time the charm? South Dakota voters will have a third chance to approve a ballot initiativ… Read More
The California Governor’s Office of Business and Economic Development (GO-Biz) announced a new batch of cannabis tax revenue community investments on May 31. This round&rsquo… Read More
