Banking Bill Cannabis Industry: Page 14

Senate Bill Paves Way for Bank Funding to Budding Cannabis Industry

The bipartisan bill seeks an added layer of protections for state-legal cannabis businesses.

Massachusetts Regulator Says State Should Consider Government-Run Bank for Cannabis Companies

"There’s a high degree of urgency, so it’s something we need to start talking about,” Steve Hoffman said.

Michigan Created a $837-Million Medical Marijuana Industry With Nowhere to Put Its Cash

A close look at cannabis banking in Michigan.

Local Elected Officials Band Together in Response To Jeff Sessions’ Cole Memo Repeal

In an open letter, 100 signatories from 11 states request a bipartisan marijuana reform task force.

After Initial Shock of DOJ Action, Cannabis Investment Interest Growing Rapidly

Poseidon Asset Management’s Morgan Paxhia discusses recent behavior trends in cannabis investing and how the federal government’s stance may affect investment activity moving forward.

California Treasurer Studying Merits of Public Bank for State’s Cannabis Industry

State treasurer John Chiang issued a formal request for information this week.

California Bill Seeks to Legalize Banking for Cannabis Businesses

State Sen. Robert Hertzberg (D-Van Nuys) introduced a bill that would allow California-chartered banks, credit unions and other financial institutions to provide services to marijuana retailers.

Legalization Bills Introduced at the State and Federal Level: Week In Review

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

Legal Cannabis Businesses Must Be Allowed Access to Banks, Hawaii Urges

Hawaii Attorney General Doug Chin and Alaska Attorney General Jahna Lindemuth, with 17 other attorneys general, urged Congress on Tuesday to advance legislation allowing states with legalized marijuana access to banks.

Sources in Congress Say U.S. Justice Department Blindsided Banking Agency on Marijuana Policy Flip

The DOJ failed to notify federal officials who advise banks in states where the drug is legal.

Massachusetts Marijuana Shops Go Cash-Only With Fear of Federal Crackdown

Medical marijuana dispensaries were forced to stop accepting debit cards from patients after threats of a federal crackdown prompted a key payment processing company to pull out of the Massachusetts cannabis market.

Week In Review: Cannabis News You Can't Afford To Miss

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

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