Latest In: cannabis banking reform

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Key US Senate leader signals major changes to cannabis banking bill, dimming prospects for significant reforms in 2020

U.S. Senate Banking Chair Michael Crapo, an Idaho Republican, laid the foundation for his own version of cannabis banking…

News December 19
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US Senate leader McConnell expected to discuss marijuana banking reform

U.S. Senate Majority Leader Mitch McConnell is scheduled to talk with cannabis industry executives this week in California…

News October 10
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Even without reform, banks increasingly serving marijuana industry

The cannabis industry experienced a 62% year-over-year jump in banking options in the federal government’s most recent quarter.…

News October 8
cannabis banking reform Mike Crapo SAFE Banking Act

US Senate panel chair: Cannabis banking reform prospects looking up

The chair of a key U.S. Senate panel is optimistic about the prospects for a cannabis banking bill…

News September 27
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Civil rights groups want ‘holistic’ marijuana reform before banking vote

Seven civil rights groups have sent a letter to U.S. House Democratic leadership asking to delay voting on…

News September 18
cannabis banking reform SAFE Banking Act Steny Hoyer
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Marijuana banking bill appears headed to landmark US House vote

A measure that would enable financial institutions to serve the cannabis industry and ancillary companies without fear of…

News September 13
cannabis banking reform Michael Crapo SAFE Banking Act

Senate panel chair wants cannabis banking vote by year-end

Senate Banking Chair Mike Crapo wants his committee to vote on a marijuana-related banking measure this year, in…

News September 13
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