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Ex-CFO Raided Corporate Funds, Trulieve Suit Claims

Law 360

Florida's largest medical marijuana company, Trulieve, is suing its former chief financial officer in federal court, claiming he misused his corporate credit card charging "hundreds of thousands of dollars" for expensive clothing, vacations and attorney fees and fraudulently received reimbursement for personal expenses.

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In-House At A Cannabis Company: The ESG Issues

Law 360

Amber Lengacher at Trulieve lays out how cannabis companies can navigate novel areas of environmental and social impact compliance, meet states’ policy goals and ensure public confidence that the industry as a whole is committed to safe and responsible operations.

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Senate Bill Sparks Hope in Cannabis Industry for Access to Banking

Intelligize Blog

A legal, billion-dollar industry in which companies can’t get a basic checking account. The goal is to allow cannabis companies to operate in the “financial mainstream,” according to a release from Colorado Senators Michael Bennet and John Hickenlooper. It sounds absurd, but that’s life for cannabis businesses.

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The Fourth Floor: A Platform for Founders and Funders

InHouseOps

As a generalist for tech startups, I started to realize something: in all three companies, male colleagues were angel investing and serving on advisory and governing boards of startups (and getting promoted!) As the number of Pay It Forward Partner companies increase, so will the pool of available nominations to give out.