banking

Feds Indict 24 in Mexico Cartel and China Drug Operation Alliance

The DEA and Department of Justice announced an operation led to the indictment of 24 individuals who allegedly laundered drug…

5 months ago

Local Bank To Become First To Fully Serve Guam’s Cannabis Industry

A local financial institution in Guam announced this week the launch of a new cannabis division, becoming the first bank…

9 months ago

Denver Cops Bust 23 Suspects Accused of Dispensary Burglaries

The Denver district attorney announced the arrest of 23 suspected gang members who are allegedly responsible for burglarizing more than…

11 months ago

Chuck Schumer Says ‘Time Has Come’ To End Prohibition of Cannabis

Is the eighth time a charm in the push to allow banking services to cannabis businesses?

12 months ago

New Report on Cannabis M&A’s Highlights Industry-Wide Changes

A leading corporate law firm released a report this week detailing the changes and trends with mergers and acquisitions in…

12 months ago

SAFER Banking Act Passes Senate Committee, Moves to Floor Vote

The SAFER Banking Act advanced past the Senate Banking Committee Wednesday clearing a big hurdle in the path to legal…

1 year ago

Over Eight Hundred Banks File to Allow Cannabis Businesses, FinCEN Reports

The U.S. Department of Treasury is getting hundreds more requests from banking institutions to work with cannabis businesses.

1 year ago

Colorado Gov. Sends Letter to Commend Biden Administration for Making Progress on Rescheduling Cannabis

Governor Jared Polis praises progress but also calls for attention to cannabis banking and other issues.

1 year ago

Oregon Governor Rejects Cannabis Banking Bill

The bill would have created a task force to investigate the pros and cons of a public bank to serve…

1 year ago

Mastercard Announces Ban On Debit Card Transactions For Weed Purchases

Payment processor Mastercard has directed financial institutions to stop allowing debit card transactions for weed purchases.

1 year ago