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 security in cannabis financial transactions is crucial for protecting businesses and consumers. This article will outline the best practices for securing these transactions and how Monarch Technologies can help
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, , a leading provider of cannabis payments, tax collection, and compliance solutions, today announced a new partnership between its tax management platform Monarch Tax Authority (MTA) and the
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 essential — it's transformative. Armed with this knowledge, entrepreneurs confidently propel their ventures forward. Understanding Cannabis Banking Regulations Why should one try to understand the intricate regulations governing cannabis banking? FinCEN
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 therapy if they suffer from post-traumatic stress disorder. The bill only takes effect if or when midomafetamine (MDMA) becomes federally legalized though. According to the bill, the
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. Baltimore, Maryland-native Shiloh Jordan was originally pulled over by law enforcement for not wearing a seatbelt, according to an interview conducted by The Associated Press. The officer
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 accused of allegedly growing millions’ worth of psilocybin mushrooms. He was charged with possession with intent to sell narcotics and the operating of a drug factory. An
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 sports events. The baseball team announced Tuesday an exclusive partnership with Cycling Frog, makers of hemp-derived THC-based seltzer drinks. The team began selling the infused drinks at
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 positive drug test for THC metabolites. Richardson’s win in a qualifying event sets the stage for her to run in this year’s Summer Olympic Games, which kick
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 therapy if they suffer from post-traumatic stress disorder. The bill only takes effect if or when midomafetamine (MDMA) becomes federally legalized though. According to the bill, the
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. Baltimore, Maryland-native Shiloh Jordan was originally pulled over by law enforcement for not wearing a seatbelt, according to an interview conducted by The Associated Press. The officer
