Latest In: marijuana banking

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Chart of the Week: Huge Spike in Number of Banks, Credit Unions Serving Cannabis Companies

The number of banks and credit unions providing services to marijuana businesses has grown dramatically over the past…

News May 2
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Oregon Marijuana Banking Bill May Be More of a Symbolic Win Than a Game-Changer

By Omar Sacirbey Marijuana businesses in Oregon shouldn’t expect financial institutions to suddenly open their doors to the…

News March 29
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Colorado Banking Regulator Eases Up on Cannabis

For Colorado banks that do business with marijuana-related clients, life got a little easier last week. The state’s…

News March 28
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Week in Review: Banking Bummer, Illinois Sales Figures & Spotlight Shines on Young MJ Exec

A judge dashes hopes for banking relief, Illinois medical cannabis sales near $2 million, and a 20-something marijuana executive…

News January 8
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Week in Review: Strong Illinois MMJ Sales, Positive Merrill Lynch Report & British Firm’s U.S. Expansion

By John Schroyer and Omar Sacirbey Illinois medical cannabis sales start off on a positive note, Merrill Lynch…

News December 11
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Week in Review: Line in the sand on banking, MMJ acceptance in Chicago & legalization unity in Maine

By John Schroyer and Omar Sacirbey The Federal Reserve gives marijuana businesses the cold shoulder, Chicago signals that…

News October 30
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Federal Reserve Says it Won’t Allow Cannabis Banking

The U.S. Federal Reserve said in a court filing this week that it will not accept money made…

News October 23
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Latest Attempt to Solve Marijuana Banking Issues Involves Native American Tribes

Yet another possible solution to the marijuana industry's banking woes is in the works, and this one involves…

News October 14
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Top New York Banks Have No Plans to Work With MMJ

New York’s five medical cannabis business license winners will likely have a tough time finding banking services, much…

News September 18
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