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SAFER Banking Act: How Legal Marijuana Could Transform the Industry

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 stigmatized and shunned from traditional financial services could soon be the reality for marijuana business owners across the United States. With the introduction

2024-07-12T21:46:07+00:00July 12th, 2024|Cannabis, payments, Technology|Comments Off on SAFER Banking Act: How Legal Marijuana Could Transform the Industry

Cannabis Banking: Why Accurate Financial Record Management Is Important

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 regulations and scrutiny surrounding the cannabis sector. In the cannabis industry, maintaining accurate financial records isn’t just a matter of good business practice—it's

2024-07-12T21:20:03+00:00July 10th, 2024|Cannabis, payments, Technology|Comments Off on Cannabis Banking: Why Accurate Financial Record Management Is Important

Tax Management and Reporting in the Cannabis Industry

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 to cannabis operations to mastering accounting techniques tailored to your niche, we’re here to simplify the complex. Ready to dive in? Navigating Federal and State Tax Regulations Cannabis businesses face

2024-07-08T20:30:51+00:00July 8th, 2024|Cannabis, payments, Technology|Comments Off on Tax Management and Reporting in the Cannabis Industry

The Impact of Federal Legislation on Cannabis Banking

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, cannabis businesses face significant challenges in accessing traditional banking services. This article explores the impact of federal legislation, specifically the SAFE Banking Act and the SAFER Banking

2024-07-03T17:33:27+00:00July 3rd, 2024|Cannabis, payments, Technology|Comments Off on The Impact of Federal Legislation on Cannabis Banking

How Monarch Ensures Your Cannabis Business Stays Financially Compliant

The cannabis industry is expanding at an impressive rate, but it faces unique financial hurdles, particularly when it comes to compliance. Successfully navigating the intricate regulatory environment is essential for any cannabis business that wants to operate both legally and sustainably. Ensuring financial compliance is not only about avoiding fines; it’s also about earning the

2024-05-31T15:48:43+00:00May 31st, 2024|Cannabis, payments, Technology|Comments Off on How Monarch Ensures Your Cannabis Business Stays Financially Compliant

Legal Cannabis and Taxation: A Monarch Overview

The legal cannabis industry is booming across North America, but navigating the complex taxation and compliance requirements can be a major headache for cannabis businesses. Monarch offers the ideal solution with its powerful cannabis tax software platform designed specifically for the needs of the industry. In this post, we'll provide an overview of cannabis taxation

2024-04-15T18:34:58+00:00April 15th, 2024|Cannabis, payments, Technology|Comments Off on Legal Cannabis and Taxation: A Monarch Overview

Operational Security Solutions (OSS) Announces Strategic Partnership With Monarch Technologies

Premier Risk Management Company Partners With Banking and Payment Processing Solution Experts for the Legal Cannabis Industry, Monarch Technologies FRESNO, CA, Nov. 28, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire – Operational Security Solutions (“OSS”), the premier provider of full-spectrum risk management services with specialization in secure cash management and logistics, compliance services, security consulting, and facility hardening, announced today

2022-12-05T18:15:05+00:00November 28th, 2022|Press Release|Comments Off on Operational Security Solutions (OSS) Announces Strategic Partnership With Monarch Technologies
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