Banking Services Cannabis Industry: Page 2

CFIG Releases Business Guide for Cannabis Banking Options

The Cannabis Financial Industry Group published the guide to help cannabis-related businesses better assess financial institutions offering services.

Lawmakers Urge Federal Officials to Update ‘Out-of-Date Guidance’ on Providing Banking Tools to Cannabis Business Owners Convicted of Cannabis-Related Crimes

A group of 20 Democratic members of the House and Senate sent a letter to the U.S. Department of the Treasury and the Financial Crimes Enforcement Network urging them to revise “red flags” for cannabis business owners.

Bank of America, National Rifle Association Lobby on Cannabis Banking Reform

The two entities included the SAFER Banking Act in their recent lobbying disclosures.

Senate Majority Leader Vows to Bring SAFER Banking Act to Floor—And Other Reactions to Bill’s Advancement

The Senate Banking Committee approved the legislation Sept. 27, sending it to the floor, where Sen. Chuck Schumer plans to call a vote “as quickly as possible.”

WATCH NOW: Senate Banking Committee's Markup on SAFER Banking Act

Watch the live video of the 23-member committee's hearing on the cannabis banking bill.

SAFER Banking Act Approved in Committee, Signaling Major Victory for Cannabis Reform

The cannabis banking bill survived its first-ever Senate markup and now moves to a full vote on the floor of the chamber.

Vote Count: How the SAFER Banking Act’s Markup Will Likely Shake Out

Two key Senate Banking Committee members will probably miss the markup hearing, but the revised legislation is poised for approval (maybe).

National Conference of State Legislatures Signals Support for SAFER Banking Act Ahead of Committee Markup

The NCSL sent a letter to congressional leadership Sept. 25 to express the organization’s support for cannabis banking reform.

SAFE Banking Act: How We Got Here, What’s Next For SAFER

The four corners of Washington’s political playbook have repeatedly stood in the way, but will this U.S. Congress be different?

SAFE Banking Act’s Revised Title, Text Unveiled Ahead of Committee Markup

The eight pages of additional text primarily deal with the bill’s contentious Section 10.

UPDATE: SAFE Banking Act on Cusp of Markup, Advancement in Senate Banking Committee

A full committee markup on the legislation is scheduled for Sept. 27.

US Senator Urged to Rescind Support of SAFE Banking

Sen. Tommy Tuberville, who’s been vocally supportive of cannabis banking reform, now represents a battleground vote for prohibitionists.

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