Banking Services Cannabis Industry: Page 11

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.

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.

Delta 9 Agrees to Increase Bank Credit Facility to $18.1 Million

The company has come to terms on an amendment to its borrowing agreement with Canadian Western Bank to provide for an increase on its existing loan and credit facility.

Greenery Map Teams Up with PayHouse Solutions to Offer Merchant and Bank Account Services for Cannabis Industry Businesses

The partnership allows dispensaries the opportunity to legally accept credit card payments without the need for workarounds, and offers all cannabis businesses the ability to streamline their finances.

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.

HARDCAR Secures Multi-Billion Dollar Bank for Cannabis Loans and Cannabis Financing

The California-based company can now offer loans and financing options to cannabis businesses looking to expand their operations.

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

State regulators are hung up on federal banking laws.

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