Banking Bill Cannabis Industry: Page 12

Mass. Credit Union Will Serve Recreational Marijuana Companies

GFA Federal Credit Union will enter the cannabis space after a year of research.

With Millions in Marijuana Cash Unbanked, Pennsylvania Leads an Appeal to Congress for Protections

The Wolf Administration is urging action from top Congressional leaders.

DEA Wants More Marijuana Grown Next Year, Wells Fargo Closes Politician’s Accounts Over Cannabis Industry Donations: Week in Review

This week, cannabis made national headlines when the DEA announced its support of increased marijuana production.

Wells Fargo Terminates Relationship With Florida Political Candidate Over Cannabis Industry Donations

The move underscores the need for federal lawmakers to address the industry’s lack of banking services.

Proposed Bill Could Let Nevada Marijuana Businesses Work With Banks

The legislation would create a state-chartered bank where privately insured institutions would be licensed to handle money from marijuana businesses.

California Bill to Create State-Backed Cannabis Bank Stalls

California lawmakers have stalled a plan to create a state-backed bank to handle money associated with the recreational marijuana market.

New York Regulator Encourages State Banks to Work With Medical Marijuana Companies

The New York Department of Financial Services issued guidance to the state’s financial institutions July 3.

New Push for Statewide Cannabis Cash Banking System in California

If passed, the California Department of Business Oversight would oversee the new system.

Marijuana Banking Amendment Tabled by U.S. Senators

The amendment offered protection to financial institutions that opened accounts with marijuana businesses.

Cannabis Industry Lobbyists Take to D.C., Florida Judge Rules State Ban on Smokable Medical Marijuana is Unconstitutional: Week In Review

We’ve rounded up our top 10 articles to keep you up-to-date on the latest industry news.

State-Backed Bank for Marijuana Businesses Passes California Senate

The bill now heads to the California Assembly.

U.S. Sen. Jeff Merkley Co-Sponsors Marijuana Justice Act, Judge Halts Pennsylvania’s Medical Marijuana Research: Week In Review

We’ve rounded up our top 10 articles to keep you up-to-date on the latest industry news.

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