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Latest In: banking

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Bipartisan lawmakers reintroduce SAFER Banking on eve of marijuana rescheduling hearings

Reintroduced in both houses of Congress on Thursday, the SAFER Banking Act is still necessary even after federal…

News June 25
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What banks are actually doing when they reject cannabis accounts

Banks aren't set up to reject cannabis accounts. Cannabis banking is held back by a lack of clear…

News April 17
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Can the right data convince banks to lend to cannabis operators?

The NCS Thea platform acts as a bridge between cautious financial institutions and capital-starved cannabis businesses.

News April 7
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Marijuana banking reform still needed if rescheduling occurs, report says

Rescheduling marijuana "is unlikely by itself" to solve the cannabis industry’s longstanding banking woes, according to a new…

News August 28
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Cannabis banking protections removed from House budget bill

House Republicans have stripped language containing cannabis banking protections from a federal spending bill, only 10 days after…

News June 17
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Congress could include cannabis banking in FAA, crypto bills

Supporters of long-awaited cannabis banking reform are pinning hopes on Congress packaging a marijuana bill with must-pass legislation.

News April 24
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IRS: Marijuana cash transactions aren’t automatically suspicious

Large cash transactions by marijuana businesses should not automatically be reported as suspicious, according to new IRS guidance.

News March 19
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More Republican support needed to pass marijuana banking, Schumer says

Democratic Senate Majority Leader Chuck Schumer says he is still wrangling Republican support for a much-awaited marijuana banking…

News November 22
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House speaker chaos, other priorities complicate cannabis banking bill

The refreshing wave of good news from Washington DC that buoyed the U.S. marijuana industry in late summer…

News October 13
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