Fear, Loathing, and Legal Marijuana in the Pacific Northwest
By: Victor J. Roehm III, Sussman Shank LLP With the passage of Washington Initiative 502 in 2012 and the subsequent passage of Measure 91 in Oregon in 2014, commercial production, processing, and the retail sale of cannabis have become a major industry in the Pacific Northwest. However, there is still a great deal of uncertainty for […]
Blockchain and Emerging Technologies Can Change the World
Social media, cell phones, and touch screen portable tablets were once a fantasy. They couldn’t have been imagined in anyone’s wildest dreams 100 years ago, yet here they are staring us in the face 24/7/365. Technology and innovation has caught up with the 21st century and not just in our daily, personal lives. Businesses and […]
Trade Finance Faces Challenges from Increased Regulation
New challenges for trade finance continue to spring up in our volatile world. Paperwork that used to be relatively easy has become even more complicated due to regulations in the trade finance industry. As regulators take a magnifying glass to how money flows to prevent money laundering and terrorist financing, credit professionals need to ensure […]
Taking the Right Steps in Collections
By: Michael Miller, editorial associate, NACM National A credit policy has four critical elements. They are: establishing the credit standard; determining credit availability; setting credit terms; and, defining a collection policy. “The best collection process is one which is proactive and consistent, and which reflects the mission and goals of the credit department,” according to […]