American public pension funds invest in cannabis through California-based REIT
More than a dozen public pension funds are investing in marijuana through a California real estate investment trust…
News July 25
Latest In: marijuana banking
Ello Capital launches as marijuana-focused US investment bank
Los Angeles-based Ello Capital plans “one-stop” shopping as a marijuana-focused investment bank serving cannabis companies in the United…
News July 23
Week in Review: Illinois makes history, New Jersey expands medical cannabis, FDA mulls CBD in food & more
Illinois legalizes adult-use cannabis, New Jersey maps a major expansion of its medical marijuana program, the U.S. Food…
News June 7
Utah governor blasts feds for inaction on cannabis banking, medical research
Utah Gov. Gary Herbert said the federal government “oughta be ashamed” for its “lack of action and attention”…
News May 24
BNY Mellon involved in new marijuana NYSE fund
Bank of NY Mellon will act as custodian bank to a new cannabis-focused exchange-traded fund (ETF), the first…
News April 25
Cannabis banking bill advances in committee; full US House vote expected within weeks
A key U.S. House committee voted resoundingly Thursday to provide federal protection for financial institutions that serve state-authorized…
News March 28
US House committee poised to consider cannabis banking bill next week
A bill to provide federal protection for banks serving state-legal marijuana businesses is scheduled for markup by a…
News March 19
‘Inundated’ CA credit union suspends new applications from cannabis firms
A small credit union in Sonoma County, California, is hitting pause on processing applications for marijuana companies because…
News February 22
Alaska marijuana business owners to gain access to financial services
A nonprofit credit union in Alaska, Anchorage-based Credit Union 1, is set to begin offering financial services to cannabis companies…
News February 15Featured
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