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Cash is king — and dangerous — for marijuana businesses that lose bank accounts

January 29, 2018 Media Coverage

The Washington Times

January 29, 2018

Ryan Lowther, chair of Farella's Cannabis Industry Group, was quoted in an article on banking in the cannabis industry. Banks are reluctant to accept deposits from businesses that sell marijuana because the drug remains illegal at the federal level.

Link to read full article.

Firm Highlights

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Cannabis Farms in the Neighborhood: Water, Contaminants and Other Proximate Matters

Farella's Buzz Hines, and guest speakers Kari Campbell-Bohard from EpicVeg and Lompoc Valley Cooling and Robert Schultz from Geo Blue Consulting, for a discussion on "Cannabis Farms in the Neighborhood: Water, Contaminants and Other...

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Farella Attorneys Named to 2022 Northern California Super Lawyers and Rising Stars

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Julie Treppa Elected Fellow of American College of Tax Counsel

Julie Treppa headshot
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How to Guard Against 3 Cannabis Cyber Attack Risks

Cyber attacks are now commonplace. Ransomware attacks, in particular, have skyrocketed in frequency and size. High-profile data breaches have cost businesses in the United States millions of dollars in losses and incalculable reputational harm...

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2022 Cannabis Insurance Market Update

Tyler Gerking was quoted in  PropertyCasualty360 's article "2022 Cannabis Insurance Market Update."  Read the full article here (subscription required). Watch the webinar "Cyber Insurance for the Cannabis Industry" here .

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Ryan Lowther Named Among Top Cannabis Lawyers in California by the Daily Journal

Ryan Lowther headshot
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Preparing Your Cannabis Business for California’s New Employment Laws in 2022

Chandra Andrade and Rebecca Stephens discuss "Preparing Your Cannabis Business for California’s New Employment Laws in 2022" at our Cannabis Industry Education Series. Each year in California, the new year brings new employment laws for businesses to...

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Farella Client MedMen Enterprises Inc. Opens Second San Francisco Retail Store

Farella Braun + Martel provided MedMen Enterprises Inc. , a leading cannabis retailer with operations across the nation, with land use and permitting advice to win approval to open its MedMen Union Street retail...

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