Legislation to ban federal interference with banks serving the cannabis industry was pulled from a federal funding bill after objections from Republican lawmakers.
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.
With the Senate still dragging its feet, state officials are continuing to raise awareness for the SAFE Banking Act.
Pennsylvania legislation gives financial institutions the go-ahead to provide financial services to cannabis businesses.
Legislation to ban federal interference with banks serving the cannabis industry was pulled from a federal funding bill after objections from Republican lawmakers.
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.
With the Senate still dragging its feet, state officials are continuing to raise awareness for the SAFE Banking Act.
Pennsylvania legislation gives financial institutions the go-ahead to provide financial services to cannabis businesses.
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