Browsing Tag
banking
53 posts
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
States With Legal Marijuana Seek Summit With Jeff Sessions
Multiple states with legal marijuana seek summit with Jeff Sessions to review the laws surrounding the plant.
March 30, 2018