Cannabis industry taking root in Oklahoma

Marijuana plants sit under LED lights inside the Veg Room, in Eastlake, Ohio. (AP file photo/David Dermer) OKLAHOMA CITY – Nearly six months after the initial OK, Oklahoma’s cannabis industry is finding its foothold. Voters passed State Question 788 in June, which legalized medical marijuana. Source: Cannabis industry taking root in Oklahoma

Cannabis-Related Transactions Spike at Banks, Credit Unions

More banks and credit unions are pot-banking, government data show. The number of depository institutions conducting banking transactions for marijuana cultivators and related businesses rose to 486 at the end of the third quarter from 400 in the year-ago period, according to the Treasury Department’s anti-money laundering bureau. Source: Cannabis-Related Transactions Spike at Banks, Credit[…]