PYMNTS

NOVEMBER 16, 2018

states (and the District of Columbia) where marijuana has been legalized for sale in some capacity, it has thrown off a fairly large chunk of tax revenue in the last year. billion in taxes from legal cannabis companies last year, an amount of money that is undoubtedly a sizzle for the federal coffers.

Taxes 177

Taxes Payments District of Columbia Alabama 177

PYMNTS

OCTOBER 17, 2018

Massachusetts joins a handful of states, including Colorado, Washington and Maine, that have taken steps to legalize recreational marijuana. This forces many operations to continue using cash. They don’t want to spend half their day moving money around and worrying about their employees getting paid in cash.”.

Colorado 126

Colorado Massachusetts US Industry 126

PYMNTS

MARCH 22, 2017

Voters in Colorado amended their state constitution with Colorado Amendment 64, which essentially legalized the recreational consumption of marijuana for adults over 21. They also pay their staff, pay their suppliers, pay their utility bills and pay their taxes. And then, in 2012, the situation got even more complicated.

Payments 123

Payments Taxes Colorado District of Columbia 123

CB Insights

MARCH 4, 2022

Anrok , a SaaS sales tax solution, has raised $20M in a Series A. California-based Anrok unifies sales tax monitoring, calculation, and payments processes across the enterprise financial stack. The startup operates in the US and has teams in San Francisco, Texas, Colorado, and Washington, among other locations in the US.

Taxes 59

Taxes San Francisco Software Compliance 59

Independent Banker

SEPTEMBER 30, 2021

Community banks operate on a majority of the country’s military installations. Community banks comprise more than two-thirds of the 66 banks operating on U.S. Noemi Gallardo and Larry Wilson of First Arkansas Bank and Trust pose in front of a C-130 display plane at Little Rock Air Force Base, where the bank operates a branch.

Arkansas 168

Arkansas Community Bank Community Operations 168

PYMNTS

APRIL 10, 2020

For example, Seattle announced that it will allow eligible businesses to defer business and occupation taxes and expand its Small Business Stabilization Fund. According to the JPMorgan Chase Institute , 47% of small businesses have less than two weeks of cash liquidity on hand, with restaurants and retail operating at the slimmest margins.

Maine 141

Maine Seattle San Francisco New York City 141

PYMNTS

APRIL 12, 2019

Robotics and automation were areas of focus for both retailers this week as they seek to upgrade their operations in an effort to capture more consumer spend. Amazon’s efforts in robotics upgraded this week with the acquisition of Colorado-based Canvas Technology. 2: People in Glass Houses Should Pay Taxes. told Adweek.

Taxes 100

Taxes Retail Columbus Technology 100

PYMNTS

APRIL 14, 2017

After it became illegal in the United States through the Marihuana Tax Act of 1937, the business of selling cannabis went mostly underground. For the retailer, there are real technological barriers: Most retailers have limited technology experience — even the more sophisticated operators — and many do not have even basic websites.

Las Vegas 140

Las Vegas Los Angeles Retail United States 140

PYMNTS

APRIL 24, 2017

The company operates on a “one-for-one” business model, which means that it donates one pair of shoes or glasses to communities in third-world countries for every pair sold to a first-world consumer. For many socially conscious consumers, it’s not enough that a company has a great product — it should also have the right mission powering it.

blockchain 109

blockchain Denver San Francisco Community 109

CB Insights

APRIL 29, 2019

Tax Wrangler. Today at Automattic, the in-house tax wrangler is in charge of “researching multi-state sales and use tax regulations” and working on “sales, property, excise and VAT taxes” for a company of 600+ people. Health food delivery company Oh My Green is hiring for a happiness manager, aka an operations manager.

Innovation 78

Innovation Software Taxes Google 78

CB Insights

MARCH 21, 2018

In NY, utility charges include several fees — property and sales taxes, the maintenance of wires and substations, covering costs that your provider may have paid for the electricity in wholesale markets. Many of these operate within the energy industry. P2P energy sales have a few advantages. Other notable USE CASES.

blockchain 63

blockchain Industry cryptocurrency Examples 63

PYMNTS

FEBRUARY 27, 2019

Residents can use these IDs to conduct different types of government business, including filing taxes or accessing pensions. . The Maldivian government launched a biometric, electronic passport in 2016 to help its immigration agencies deliver secure and efficient border security operations. It might not be long before U.S.

Security 159

Security National Wyoming Idaho 159

Gonzobanker

DECEMBER 19, 2017

Seriously, sit back with a pocket flask of Pappy Van Winkle, smoke a cigar (or your combustible of choice if you live in Colorado, California, Washington, Oregon, Nevada, Main or Massachusetts) and enjoy the 2017 GonzoBanker Awards. Executioner’s Tax (Swing of the Ax) – Power Trip. For the teary-eyed family values patriots.

Conference 88

Conference Industry Community Bank Community 88

CB Insights

SEPTEMBER 17, 2018

Its acquisitions of smaller grocers like Roundy’s (2015) and Harris Teeter (2014) have bolstered Kroger’s supply chain further by integrating their warehouses and distribution centers into the company’s larger operations. This data underpins other improvements to Kroger’s operations. This helps them increase their margins.

Industry 67

Industry Branding Retail US 67

PYMNTS

JUNE 21, 2019

The bill authorizing the program, AB466 , gives an operational time frame for the program, running from Oct. Among the reasons for that, according to the bill and that analysis, is to make it harder for legal retail marijuana dispensaries to avoid paying local and state taxes — always a major concern for any industry dominated by cash.

Oregon 136

Oregon Payments Nevada NV 136

PYMNTS

JUNE 20, 2016

Indiana, Virginia, Tennessee, Mississippi, Missouri and Colorado have all affirmed daily sports betting as a legal alternative, but other states have seen the issue differently. While a court initially barred DraftKings and FanDuel from continuing to operate in New York, a higher court reversed that decision on appeal.

New York 101

New York Mississippi Indiana Missouri 101

PYMNTS

OCTOBER 7, 2019

The bill was sponsored by Congressmen Ed Perlmutter of Colorado, Denny Heck of Washington, Steve Stivers of Ohio and Warren Davidson of Ohio — all members of the House Committee on Financial Services. The legislation aims to ensure that state-authorized and regulated cannabis businesses are not forced to operate with cash only.

Payments 213

Payments Ohio Cards Retail 213

PYMNTS

FEBRUARY 14, 2019

The hearing itself was a small victory for proponents who wish to open up the banking system to legal pot operators. That’s because it marked the first hearing dedicated to a proposed bill in Congress that would offer financial institutions protections against federal regulators when dealing with legal cannabis operations.

Oregon 230

Oregon Colorado Operations Washington 230

PYMNTS

FEBRUARY 13, 2019

The hearing itself was a small victory for proponents who wish to open up the banking system to legal pot operators. That’s because it marked the first hearing dedicated to a proposed bill in Congress that would offer financial institutions protections against federal regulators if dealing with legal cannabis operations.

Oregon 115

Oregon Colorado Operations Washington 115