Latest In: marijuana banking

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Cannabis banking reform reintroduced in US Senate

Less than a week after pro-cannabis banking legislation was reintroduced in the U.S. House of Representatives, a parallel…

News March 23
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California trade group offers marijuana banking services through credit union

The California Cannabis Industry Association (CCIA) on Tuesday unveiled a new partnership with North Bay Credit Union under…

News January 19
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Democrats’ COVID-19 relief bill contains cannabis banking

Buried deep in the U.S. House Democrats’ latest $2.2 trillion coronavirus relief package, announced Monday, is a key…

News September 29
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Massachusetts credit union partners with marijuana payment processor

The GFA Federal Credit Union, which said in 2018 that it would serve Massachusetts marijuana companies, announced a…

News September 3
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Biden Unity plan fails to chart a bold path forward on federal cannabis legalization

On July 10, presumptive Democratic presidential nominee Joe Biden released the Biden-Sanders Unity Task Force plan outlining policy…

News August 10
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Week in Review: US House passes relief bill with cannabis banking, MO permit probe extends, ME lifts residency mandate & more

The U.S. House of Representatives approved legislation allowing banks to serve cannabis companies by wrapping the measure into…

News May 16
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Republican legislators urge key US senator to oppose marijuana banking

A dozen Republican members of the U.S. House of Representatives are urging U.S. Senate Banking Committee Chair Mike Crapo…

News February 18
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Large US cannabis companies look to debt funding versus equity and sale-leaseback deals

Big marijuana companies in the United States increasingly are turning to debt as a funding tool, spurred by…

News February 12
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Key US senator opposes marijuana banking bill

U.S. Sen. Mike Crapo, the chair of a key U.S. Senate committee, struck a blow against a crucial…

News December 19
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