Latest In: banking

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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
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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 14
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Maryland 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
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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 28
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PNC 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 14
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PNC 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 21
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Top 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 13
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A look ahead: Issues facing marijuana professionals in 2017

The marijuana industry is not only beginning a new year, it's starting a fresh era in which it…

News January 3
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Senators ask Treasury to help ease MJ industry’s banking issues

A group of 10 U.S. senators is urging the Treasury Department to take steps to prevent the shutdown of…

News December 15
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