Latest In: marijuana banking

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As SAFE Banking prospects fade in Congress, marijuana industry tempers hopes

Though some marijuana multistate operator executives remain hopeful, others in the industry are skeptical that Congress will pass…

News December 14
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Cannabis financier SHF Holdings buys fintech firm Abaca for $30 million

Colorado-based cannabis-focused finance company SHF Holdings said it is spending $30 million in a cash-and-stock deal to acquire…

News October 31
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Marijuana banking among reforms on the table in upcoming lame-duck Congress

The months ahead could be shaping up to be the most wonderful time of the year for the…

News October 26
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SAFE stripped from omnibus bill; new marijuana banking measure introduced

The SAFE Banking Act has hit yet another wall in Congress and won't be included in the final…

News June 23
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US Treasury plans to collect marijuana business info from banks

A wing of the U.S. Treasury Department is planning to gather data from banks on marijuana businesses as…

News June 9
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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
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Minority marijuana companies need federal relief, advocate tells Congress

Small and minority-owned marijuana companies likely won't survive without some help from Congress, an industry insider testified before…

News February 18
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Study: Banking action rose in first adult-use cannabis states after legalization

Banking activity increased measurably in the first four states that legalized adult-use cannabis, according to a new white…

News February 14
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California credit union to reward cannabis clients with dividend

A California credit union made a splash with its cannabis clients by saying it will be splitting a…

News February 2
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