A local financial institution in Guam announced this week the launch of a new cannabis division, becoming the first bank in the U.S. territory to serve every part of the marijuana industry.
February 22, 2024
The SAFER Banking Act advanced past the Senate Banking Committee Wednesday clearing a big hurdle in the path to legal cannabis businesses potentially moving away from the dangerous cash-only system they currently operate on.
September 28, 2023
The U.S. Department of Treasury is getting hundreds more requests from banking institutions to work with cannabis businesses.
September 25, 2023
A subsidiary of one of the largest banking corporations in the United States has admitted it failed to…
June 7, 2017
In a continuing effort by forward-thinking U.S. legislators to allow legal cannabis companies to open bank accounts, Rep.…
May 1, 2015
While the latest data from the U.S. Treasury Department indicates that some banks are starting to serve the marijuana…
April 15, 2015
DENVER (AP) — A federal banking official took the unprecedented step Thursday of meeting with marijuana business owners.…
April 10, 2015
Despite legalization of medical and recreational marijuana in nearly half the country, cash is still the only payment…
March 23, 2015