Mobile Wallet Marketing Made Easy
About This Show
Every other week we tackle a new topic that is relevant to today's business marketplace, and what's really working to get results.
From state legal cannabis concerns to making the most of a mobile marketing and advertising promotion, we guide you through the process, step by step.
Learn to grow your business with mobile campaigns that are effective, cost efficient and easy to create and deploy.
Most Recent Episode
Cannabis Banking, FinCEN Guidance, Part 2 – Ep 53
If the Cole Memo is the law of the land, FinCEN guidance determines how it will be enforced.
Welcome to the second part of our cannabis banking series – today we are discussing FinCEN guidance and what it means (in our non-lawyers’) opinion. There are a lot of misconceptions in banking the state legal cannabis industry, and at the time of this recording, we find most of them to be either miscommunications, distorted truths, or outright falsehoods.
[LISTEN: Cannabis Banking and the Cole Memos – Part 1 – PODCAST]
That is not to say that marijuana industry companies are able to acquire bank accounts as easily as chip shops or hair salons; the reality is that many banks do not want the hassle, they don’t care to worry about the compliance issues and they may find it prohibitively expensive to attempt to work with cannabis companies, regardless of their state standing.
We’ve taken a big interest in the state legal marijuana business over the past year and a half.
We believe that as an industry, it should be one that has a framework and structure to safely allow for qualifying companies to do business if they are working in states (or provinces in Canada) that allow them to do so.
[READ: Recapping the NCIA cannabis industry trade show in Oakland CA this summer – BLOG]