Latest In: marijuana banking

banking congress House of Representatives Joe Biden marijuana banking safer banking Senate
Image of the House of Representatives wing of the U.S. Capitol

House speaker chaos, other priorities complicate cannabis banking bill

The refreshing wave of good news from Washington DC that buoyed the U.S. marijuana industry in late summer…

News October 13
banking cannabis banking House House of Representatives marijuana banking SAFE Banking SAFE Banking Act SAFER Banking Act Senate Senate Banking Committee
Image of the Senate Banking Committee hearing on the SAFER Banking Act

Cannabis banking reform bill passes key Senate hearing

The latest push for federal cannabis banking reform in the United States passed a markup hearing in the…

News September 27
banking reform congress marijuana banking government shutdown marijuana banking SAFE Banking safer banking SAFER Banking Act Secure and Fair Enforcement Regulation Banking Act shutdown
Image of the U.S. Capitol north wing, which houses the Senate

Cannabis banking outlook bright in Senate, but federal shutdown looms

Long-awaited federal cannabis banking reform is expected to sail through a key U.S. Senate panel hearing Wednesday, which…

News September 26
biden cannabis banking Chuck Schumer marijuana banking rescheduling SAFE Banking safer banking Senate
Image of an open bank vault door with gold light shining through

Senate cannabis banking bill unveiled with key vote expected next week

Senate Democrats have released an updated and rebranded cannabis banking reform bill ahead of a long-awaited committee markup…

News September 20
marijuana banking marijuana banking reform SAFE Banking SAFE Banking Act
Image of a female hand putting money in a piggy bank bearing a marijuana leaf

Marijuana SAFE Banking bill could be heard in US Senate within ‘weeks’

Marijuana banking reform legislation could be heard in a key U.S. Senate committee before the end of June,…

News June 8
banking cannabis banking colorado Financial Institutions Inc. Five Star Bank marijuana banking new york Safe Harbor Financial SHF Holdings
Image of the exterior trim of a generic bank

Safe Harbor, New York institution create marijuana banking partnership

Cannabis industry financial services company Safe Harbor Financial announced a marijuana business banking partnership with Five Star Bank.

News May 11
cannabis banking Congress and marijuana marijuana banking SAFE Banking Act
Image of a female hand putting money in a piggy bank bearing a marijuana leaf

Prospects seem rosier for Senate passage of cannabis banking reform – but no guarantee

The push to pass major federal cannabis banking reform resumes in earnest Thursday during a Democratic-controlled U.S. Senate…

News May 10
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
MJBizCon Logo