Treasury Secretary Steven Mnuchin said that the IRS faces “significant problems” due to the cash-only nature of the cannabis industry and urged lawmakers to address the issue “one way or another.” During his testimony to the House Appropriations subcommittee, Mnuchin didn’t take a stance on the issue of cannabis banking at large but said the […]

According to data compiled by the National Review, welfare recipients have used electronic benefit (EBT) cards to withdraw cash at dispensaries at least 259 times since the sale of limited amounts of cannabis to adults 21 and up began in Colorado on January 1. In total, more than $23,600 of money meant to go toward food […]