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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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Marijuana lender AFC Gamma gets $60 million revolving loan from 2 banks

Marijuana industry lender AFC Gamma has announced a revolving credit facility worth at least $60 million from two…

News May 2
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Massachusetts credit union says it will serve recreational marijuana businesses

Recreational and medical marijuana businesses in Massachusetts can look forward to having access to banking services after a…

News September 14
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FL cannabis lobbyist turned political candidate sees second bank account shut

A second bank has terminated the campaign account of Nikki Fried, a pro-medical marijuana Democrat who is running…

News September 7
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With CA$750M in marijuana business, Toronto credit union is Canada’s MJ banking leader

A small, “old school” credit union in Toronto has emerged as Canada’s leading banking institution for cannabis businesses. Alterna Savings…

News April 4
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Report: Marijuana banking protections intact – for now

Financial institutions that serve marijuana businesses still have federal protections – at least for now – outlined in a…

News January 12
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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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No evidence of widespread bank crackdown on cannabis advocacy groups, observers say

By Omar Sacirbey A major bank’s decision to close accounts tied to the Marijuana Policy Project and NORML…

News August 31
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