Latest In: cannabis banking

banking banking issues banking regulations banking services cannabis banking cannabis banking bill federal banking guidelines SAFE Banking Act

After US House’s SAFE vote, here’s what you need to know about current state of marijuana banking

The U.S. House of Representatives' vote approving legislation that would pave the way for financial institutions and insurance…

News September 27
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West Virginia AG: Banks risk defying fed law when serving medical cannabis firms

West Virginia’s financial institutions face risks when providing banking services to medical marijuana businesses because cannabis is illegal…

News January 14
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Oklahoma banking officials warn banks about serving medical marijuana firms

Oklahoma banking officials are urging financial institutions to be cautious or even stay clear of the state’s nascent…

News October 12
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Photo by Andy Feliciotti (@someguy) on Unsplash

State legislators to Congress: Let states regulate marijuana without interference

State legislators from across the nation are urging Congress to allow states to regulate cannabis without federal interference,…

News August 2
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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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Illinois medical marijuana companies losing primary bank

Bank of Springfield, the main financial institution that serves Illinois medical marijuana businesses, will stop working with the…

News April 3
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Chart: More banks serving cannabis sector, but Cole Memo repeal threatens to slow progress

The number of banks and credit unions actively serving the marijuana industry has jumped nearly 30% from a…

News February 12
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Week in Review: Nevada rec ready to roll, credit union’s symbolic victory & Canopy’s aggressive growth

By Omar Sacirbey and Bart Schaneman Nevada is poised to launch recreational marijuana sales, a cannabis-friendly credit union…

News June 30
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Week in Review: Big legal victory, nervous credit union & unrequited love in MA

By Omar Sacirbey and John Schroyer The marijuana industry scores a big legal victory, a credit union in Alaska…

News August 19
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