Fearing that U.S. Attorney General Jeff Sessions will make good on his threat to impose a crackdown on the legal cannabis trade, PNC Bank, one of...
A subsidiary of one of the largest banking corporations in the United States has admitted it failed to properly investigate the source of tens of millions...
In a continuing effort by forward-thinking U.S. legislators to allow legal cannabis companies to open bank accounts, Rep. Ed Perlmutter (D-CO) reintroduced a marijuana banking bill...
While the latest data from the U.S. Treasury Department indicates that some banks are starting to serve the marijuana industry, the hazy legal climate surrounding these types...
Even as the state of Oregon prepares for legalized recreational marijuana on July 1, there was a potential pecuniary setback last week for cannabis-related companies in...
DENVER (AP) — A federal banking official took the unprecedented step Thursday of meeting with marijuana business owners. But Kansas City Federal Reserve President Esther George...
Despite legalization of medical and recreational marijuana in nearly half the country, cash is still the only payment method accepted for all transactions. As the banking...