Latest In: cannabis banking

cannabis banking cannabis banking protections cannabis banking services cannabis finance marijuana banking marijuana finance Silicon Valley Bank
Image of Silicon Valley Bank

Opinion: What the demise of Silicon Valley Bank means – and does not mean – for cannabis finance

Any disruption to the economy - particularly when it involves banks - is disconcerting and potentially impactful to…

News March 17
cannabis banking cannabis collections CannaBiz Collects marijuana banking marijuana collections
Image of a calculator, credit cards, pen and piggy bank sitting atop an invoice marked "Paid."

Opinion: How to handle accounts receivable as inflation eats at cannabis profits

Inflation has had a substantial detrimental impact on the cannabis market, particularly in terms of how it is…

News January 5
cannabis banking cannabis compliance cannabis compliance software cannabis insurance cannabis security cash dispensary security Federal Financial Institutions Examination Council Frontier Risk Group regtech SAFE Banking SAFE Banking Act Safe Harbor Financial Sapphire Risk Advisory Group SHF Holdings simplifya siva enterprises
Image of a businessperson touching a global business network

Is SAFE Banking a threat to cannabis-specific finance companies?

Cannabis-focused finance, security and insurance company operators that emerged to fill gaps through federal prohibition have a strong…

News November 15
banking banking reform cannabis banking cannabis business loans Fluresh marijuana banking marijuana loans michigan
Image depicting a generic bank

Michigan cannabis company Fluresh arranges $48M in new debt, refinancing

Vertically integrated Michigan cannabis operator Fluresh announced $25 million in new debt from an unspecified "federally regulated commercial…

News April 28
cannabis banking Dedham Savings Bank federal cannabis banking reform Needham Bank
Image depicting a generic bank

Massachusetts banks increasingly eyeing high-growth marijuana industry

While some banks still shy away from cannabis, others increasingly are embracing the industry, as evidenced by a…

News March 16
cannabis banking FinCEN Whitney Economics
Image of a bank vault

Access to marijuana banking services increasing over pandemic levels

The number of financial institutions actively providing services to state-legal marijuana businesses increased to 755 as of Sept.…

News March 4
America Competes Act cannabis banking
Image of U.S. House of Representatives wing

US House passes measure that includes cannabis banking

The U.S. House of Representatives passed an American competitiveness bill Friday that includes legislation that would enable banks…

News February 4
cannabis banking marijuana legalization marijuana policy project marijuana reform national cannabis industry association
Image of the U.S. Capitol

Outlook dim for US marijuana legalization in 2022, but banking reform alive

The federal marijuana reform landscape in 2022 is cloudy, with most national insiders doubting a comprehensive legalization bill…

News January 12
banking issues cannabis banking cannabis credit union frankenmuth credit union marijuana banking

Michigan credit union to offer banking services to marijuana companies

Michigan-based Frankenmuth Credit Union has launched a product to provide banking to cannabis companies in the area, despite…

News July 28
MJBizCon Logo