Too much cannabis banking? New Mexico credit union exits industry, citing competition.
US Eagle Federal Credit Union will close its cannabis banking arm Nov. 1, citing rising competition rather than…
News August 25
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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
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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Cannabis Delivery Runs on Data — Most Operators Are Flying Blind
Every route, every driver, every idle minute is a signal. The operators who learn to read theirs will own the next phase of cannabis delivery.
July 20
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
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
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
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
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
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 22Featured
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