Latest In: marijuana banking

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Too much cannabis banking? New Mexico credit union exits industry, citing competition.

US Eagle Federal Credit Union will close its cannabis banking arm Nov. 1, citing rising competition rather than…

News August 25
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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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How Terry Mendez redefined cannabis banking at Safe Harbor Financial

Terry Mendez is steering Safe Harbor through a growth and innovation, redefining the role of a financial partner…

News January 29
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Big banks still refusing cannabis despite Trump marijuana rescheduling

Big U.S. banks are still refusing to do business with the $32 billion legal cannabis industry despite President…

News January 9
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Republican opposition to Trump marijuana rescheduling could thwart other reforms

Republican opposition to President Donald Trump's marijuana rescheduling executive order complicates the picture for future reforms like banking…

News January 6
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Rumors swirl around President Trump’s marijuana rescheduling plans

A House Republican lawmaker is "cautiously optimistic" President Donald Trump will move forward with marijuana rescheduling before the…

News December 1
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Broad majority of state AGs ask Congress for marijuana banking reform

Forcing cannabis businesses to still deal in all cash creates a public safety concern, top state law enforcement…

News July 25
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Marijuana banking will follow major budget bill, Congress promises

Instead of marijuana rescheduling, the likeliest federal policy reform in 2025 will be marijuana banking protections. But Congress…

News June 26
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Rescheduling or descheduling marijuana: How would industry be impacted?

The possible reclassification of marijuana under the federal Controlled Substances Act is sparking debate about dismantling barriers to…

News April 21
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