Browsing Tag
banking
34 posts
Cannabis Banking Included In New COVID-19 Stimulus Bill
The bill is called the HEROES Act.
May 13, 2020
A Marijuana Dispensary Is Issuing Its Own Credit Card For Cannabis Consumers
Soon, you won't have to bring the green to get some green.
December 16, 2019
Hundreds Of Cannabis Businesses Working With Banks In Colorado
Many Colorado-based marijuana businesses are working with federal banks, despite the fact that cannabis remains a Schedule I controlled substance.
October 9, 2019
Take it to the Bank: Marijuana Businesses Are Playing it SAFE
How are cannabis businesses preparing for the possible passage of the SAFE Banking Act?
September 30, 2019
House of Representatives Passes SAFE Banking Act
The Secure and Fair Enforcement (SAFE) Banking Act will now move on to the Senate.
September 26, 2019
SAFE Banking Act Heads To House Of Representatives Next Week
Maryland Democrat and House Majority Leader Steny Hoyer wants to put the SAFE Banking Act to a vote by the end of the month.
September 20, 2019
Key Takeaways from Today’s Hearing on the SAFE Banking Act
Here's what was said at today's Senate hearing.
July 23, 2019
Senate Schedules Hearing on Cannabis Banking Bill
The SAFE Act will the subject of an upcoming Senate hearing.
July 17, 2019
Michigan Governor Adds Voice to Push for Banking Access for Cannabis Businesses
Another lawmaker has joined the team to advance the SAFE Banking Act.
June 17, 2019
Attorneys General from 33 States Call for Passage of Cannabis Banking Bill
The National Association of Attorneys General are urging the passage of the SAFE Act.
May 9, 2019
Cannabis Banking Bill Clears House Finance Committee
For just the third time ever, and with bipartisan support, a standalone cannabis bill has cleared a congressional committee.
March 28, 2019
Bipartisan Cannabis Business Banking Bill Goes to House Committee
New provisions added to the SAFE Banking Act, up for full committee vote on March 26, would require federal regulators to study and recommend ways to expand diversity and inclusion in the cannabis industry.
March 26, 2019
Bank Officials Urge Congress to Allow Cannabis Businesses Banking Services
Cash-only business models are unsustainable. And unsafe.
February 14, 2019
New Michigan Canna-Businesses Find Ways to House Cash in Banks
Michigan's cannabis industry is picking up a few tricks of the trade, depositing cash in community banks, credit unions and with third-party companies.
January 22, 2019
Credit Union 1 to Offer Banking Services to Alaska Cannabis Businesses
Credit Union 1 is taking a cautious approach and will initially offer only basic deposit and withdrawal services.
November 29, 2018
TD Ameritrade Urges Their Clients to be Cautious About Legal Pot Stocks
Despite recent high-profile examples of the cannabis market's volatility, TD Ameritrade still has a tough case to make against investing.
October 2, 2018
Florida Politician Says Wells Fargo Shut Down Her Account Over Pro-Cannabis Stance
Pro-cannabis candidate Nikki Fried has been shut out of the Wells Fargo banking system.
August 20, 2018
California Senate Forwards Bill To Create State Bank for Marijuana
In order to keep up with the state's marijuana industry, the California State Senate approves of a measure that would create a bank for the newly legal economy.
May 31, 2018
Dispensary Under Fire For Similar Name And Logo As National Bank
After receiving questions about its possible connection with a new cannabis superstore, Citigroup has put the dispensary under fire for similar name and logo as national bank.
April 9, 2018
Cannabis Testing Lab in Alaska Shut Down Due To Banking Regulations
Because of the federal prohibition of marijuana, we see a cannabis testing lab in Alaska shut down due to banking regulations.
April 2, 2018