QuickBooks Cancels, Reactivates Cannabis Firm’s Account

It’s not uncommon for marijuana-related companies to lose their bank accounts, have problems with advertising, or even get booted from mainstream business competitions. But over the last week, a new hurdle almost amusingly popped up, before shrinking quickly under the glare of journalistic scrutiny.

Evan Nison, a longtime cannabis activist on the East Coast who now has his own consulting and public relations firm, had his account with financial services company QuickBooks closed on Nov. 16. QuickBooks allegedly said it “refuses to do business with companies that have ‘any affiliation’ with medical marijuana,” Nison

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QuickBooks Cancels, Reactivates Cannabis Firm’s Account is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs