Banking Services Cannabis Industry: Page 11

Cannabis Industry Urges Senate Banking Chairman to Move Forward with SAFE Banking Act

Sen. Mike Crapo released guidelines for cannabis banking reform legislation Dec. 19 that would undermine the intent of proposed reforms and hinder the effective operation of state-legal cannabis programs.

Wisconsin Banking Hemp Likely to Expand in 2020

Nearly 50% of bank respondents to a recent Wisconsin Bankers Association survey will extend banking services to hemp-related customers.

Banking the Hemp Industry: 3 Tips for Success

Hemp businesses should be prepared to help banks understand both compliance considerations and the overall industry.

The Cannabis Industry’s 9 Biggest Moments of 2019

This year saw many milestones, from historic votes in Congress to states launching cannabis sales for the first time.

The Cannabis Lobby Is a Growing Force on Capitol Hill

Industry spending is growing year-over-year, with no signs of slowing down.

Cannabis-Specific Financing Product, the CannaBusiness Financing Solution, Released By National Business Capital & Services

This cannabis-specific business financing solution streamlines the process by making funding available to growing marijuana and CBD businesses in less than 48 hours.

Square Welcomes CBD Sellers, Pennsylvania Lawmaker Introduces Cannabis Legalization Bill: Week in Review

Square officially launched payment processing services for the industry Oct. 3, after previously offering the services as part of a beta program.

Square Offers Payment Processing Services to CBD Businesses

The company will now allow U.S. businesses to sell CBD products on its platform.

How Can Cannabis Companies Prepare for Banking Reform?

Now that the SAFE Banking Act has cleared the U.S. House, the industry should get its financial house in order to ensure a smooth transition from cash-run to banked businesses.

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.

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