Banking Bill Cannabis Industry: Page 8

U.S. House Passes SAFE Banking Act

The banking reform bill now goes to the U.S. Senate, where passage is less certain.

21 State Attorneys General Urge Congress to Pass STATES Act

The legislation would protect states’ rights to enact their own cannabis policies without federal interference and would allow state-legal cannabis businesses to access the banking system.

House to Vote on SAFE Banking Act, U.S. Government Grants $3 Million for CBD Research: Week in Review

The House will vote later this month on bipartisan legislation that would allow cannabis businesses to access the federal banking system.

House to Vote on SAFE Banking Act

Lawmakers will vote later this month on the bipartisan bill, which would allow cannabis businesses to access the federal banking system.

California Cannabis Banking Bill Stalls

Legislation allowing the state to create special banks to handle funds from the cannabis industry will not pass this year.

National Credit Union Administration: Yes, It’s OK to Work With Cannabis Businesses

But that’s only part of the story, as federal banking reform continues to slog through Congress.

‘The Situation Has Become Completely Untenable’: The Cannabis Industry Reacts to the Senate’s Hearing on Banking

A Senate committee held a hearing July 23 to hear testimony from cannabis and financial industry stakeholders on the importance of passing the SAFE Banking Act.

West Virginia Officials Say It Will Take Years for Medical Cannabis Sales

State regulators are hung up on federal banking laws.

Lawmakers Explore Easing Rules on Small Cannabis Businesses

House lawmakers on Wednesday explored efforts to ease rules and boost small business owners in the legal cannabis industry.

Michigan Gov. Whitmer Joins Bipartisan Letter Calling for Marijuana Regulations

Financial institutions might be getting the opportunity to bank with cannabis businesses, according to new efforts made by the Michigan government.

Columbia Care Launches Credit Card for Cannabis Purchases

The credit program launched in New York dispensaries, and Columbia Care will roll it out nationwide this year.

Rival Cannabis Delivery Service Sues Eaze Over Credit Card Payments

The lawsuit alleges that Eaze uses an unlawful system to conceal cannabis transactions in order to work with credit and debit card companies, and that this provides the company with an unfair advantage.

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