Banking Bill Cannabis Industry: Page 10

‘I, Too, Share Your Concern’: Treasury Secretary Urges Bipartisan Banking Fix for Cannabis Industry

In comments on banking, Steve Mnuchin avoided advocating for federal legalization of cannabis.

Cannabis Advocates See Banking Reform on Horizon as SAFE Banking Act Gains Momentum in Congress

The legislation would allow banks to work with the cannabis industry without fear of federal prosecution.

House Committee Approves SAFE Banking Act, CVS and Walgreens to Sell CBD Products: Week in Review

This is the first time a bill related to cannabis banking has been approved by a congressional committee.

Cannabis Banking Bill Advances in Congress

The bipartisan SAFE Banking Act, which was approved Thursday by the House Financial Services Committee, would ensure financial institutions are not punished for providing banking services to state-regulated cannabis businesses.

Marijuana Banking Bill Picks Up Momentum

Lawmakers are poised to send a bill to the House floor that would allow banks to provide services to legal marijuana businesses.

West Virginia Governor Signs Medical Marijuana Banking Bill

Gov. Jim Justice has signed a banking bill that allows bidding for financial institutions to provide banking services related to the state’s medical marijuana program.

U.S. Bank Subsidiary Pulls Out of CBD Industry

With Evalon closing its CBD merchant accounts, what’s next for the uncertain business climate?

Illinois Bills Aim to Ease State Banking Regulations on Marijuana Businesses

The state treasurer supports legislation that would prohibit state banking regulators from punishing banks that provide basic services to legitimate cannabis-related businesses.

SAFE Banking Act Scheduled for Markup in House Committee Next Tuesday

The legislation to allow banks to more easily work with legal cannabis businesses will receive the first markup in the House Financial Services Committee at 2 p.m. on March 26.

Lawmakers Introduce Bill to Resolve Legal Cannabis Industry’s Banking Woes

The SAFE Banking Act would provide safe harbor for financial institutions who work with legal cannabis businesses, their employees and ancillary industries.

Bankers Are Circling Europe’s Growing Cannabis Market

French bank Bryan Garnier & Co. in the past year started covering the Canadian sector via a Paris-based analyst.

Oklahoma Cannabis Businesses in Limbo Without Banking Regulations

A "Unity Bill" on medical marijuana regulations provides no new guidance for banking.

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