Wells Fargo closes account of Florida candidate who backs medical cannabis
In an election-year example of banks’ reluctance to affiliate with the cannabis industry, Wells Fargo terminated the campaign account…
News August 20
Latest In: banking
New York calls on banks to work with medical marijuana industry
New York state's top financial officials have joined the growing chorus of regulators and business leaders calling on…
News July 10
Momentum building in banking industry for support of federal marijuana reform
Banking trade groups are stepping up their support for proposed legislation and seeking better clarity from the federal…
News June 18
Fed Reserve chair: Without lawmakers’ guidance, banks can’t take cannabis money
The chairman of the Federal Reserve signaled at a news conference the central bank is not prepared to…
News June 14Maryland credit union to cannabis businesses: We’re open
An aptly named credit union in Maryland is ready and willing to serve the state’s medical marijuana businesses.…
News January 11
Colorado credit union continues marijuana banking crusade with new lawsuit, strategy
A Colorado credit union that was once on the cusp of revolutionizing banking for marijuana businesses before being…
News November 28PNC shutters marijuana group’s Ohio bank account
PNC has closed the bank account of another cannabis advocacy group, again underscoring that even non-plant-touching marijuana organizations can…
News July 14PNC Bank shuts down Marijuana Policy Project’s accounts
PNC Bank – the sixth-largest financial institution in the United States – has closed Marijuana Policy Project’s accounts,…
News June 21Top four US banks have had cannabis accounts, study shows
Whether they know it or not, America’s four largest banks have held accounts for marijuana businesses, in contrast…
News January 13Featured
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