Latest In: safer banking

banking cannabis banking crypto crypto currency Earl Blumenauer SAFE Banking safer banking stablecoin
Image of stacks of $100 bills

Congress could include cannabis banking in FAA, crypto bills

Supporters of long-awaited cannabis banking reform are pinning hopes on Congress packaging a marijuana bill with must-pass legislation.

News April 24
biden marijuana rescheduling dea Earl Blumenauer marijuana rescheduling safer banking
Image of U.S. Rep. Earl Blumenauer

‘This is the last 4/20’ with marijuana as Schedule 1, congressman predicts

The U.S. Drug Enforcement Administration will sign off on moving marijuana to Schedule 3 of the Controlled Substances…

News April 19
banking reform marijuana banking reform SAFE Banking safer banking Washington DC
Image of an open bank vault door with gold light shining through

Marijuana banking ‘unlikely’ to pass Republican House, GOP senator says

The latest Congressional leadership crisis means the Republican-controlled House of Representatives is “unlikely” to take up marijuana banking…

News April 16
congress gop gop caucus house republicans Joe Biden kamala harris President Joe Biden republican policy committee rescheduling SAFE Banking safer banking
Image of the House of Representatives wing of the U.S. Capitol

Calling marijuana a ‘gateway drug,’ House GOP opposes banking reform

Congressional Republicans should oppose marijuana reform, including banking protections, because MJ is a “dangerous, addictive … gateway drug,”…

News March 26
cannabis rescheduling David Mangone jay virdi Karson Humiston Kim Rivers National Cannabis Roundtable safer banking Saphira Galoob Trulieve Cannabis trulieve cannabis corp. Vangst virgil grant
Image of Kim Rivers and Virgil Grant on an MJBizCon panel

Cannabis stakeholders upbeat about prospects for end of 280E, stress need for risk-taking

Industry stakeholders speaking at MJBizCon on Wednesday expressed optimism that the Biden administration will reschedule marijuana as a…

News November 29
banking biden cannabis banking Chuck Schumer congress federal marijuana reform federal reform marijuana banking SAFE Banking safer banking schumer Senate senate majority leader washington d.c.
Image of the Senate Banking Committee hearing on the SAFER Banking Act

More Republican support needed to pass marijuana banking, Schumer says

Democratic Senate Majority Leader Chuck Schumer says he is still wrangling Republican support for a much-awaited marijuana banking…

News November 22
charles bachtell cresco labs Kim Rivers MSOs rescheduling safer banking SAFER Banking Act Trulieve Cannabis
A map showing the total cannabis MSOs by state.

Cannabis multistate operators exit more states in latter half of 2023

After years of rapid expansion - and, more recently, swift exits - some of the nation’s largest cannabis…

News November 21
dea rescheduling Gallup Gallup Poll Ohio adult-use legalization Ohio adult-use marijuana safer banking
Image of marijuana flower sitting atop a U.S. flag

Support for US marijuana legalization at an all-time high, Gallup poll shows

Seven in 10 Americans support marijuana legalization, according to a new Gallup poll - an all-time high since…

News November 8
ATB Capital Markets cannabis investment cannabis rescheduling cannabis uplisting institutional investment institutional investors investor sentiment marijuana investment marijuana rescheduling rescheduling SAFE Banking safer banking
Image of a financial technology hologram concept

Big investors keener on cannabis MSOs as rescheduling looms, survey shows

Institutional investors are increasingly bullish on U.S. cannabis multistate operators, according to a new survey, which suggests marijuana…

News November 8
MJBizCon Logo