Banking Services Cannabis Industry: Page 5

'We Need Federal Action'

Attorney Michael Sampson describes what Pennsylvania's new banking bill means for the cannabis industry and what needs to change.

Cogent Bank Partners with Green Check Verified to Serve Underbanked Cannabis Industry in the Southeast

Florida-based Cogent leveraging leading fintech technology to provide full suite of products and services to businesses.

U.S. House Passes SAFE Banking Act as Amendment to Defense Bill

The House approved the cannabis banking reform legislation for the seventh time as part of the 2023 National Defense Authorization Act.

Pennsylvania Governor Signs Cannabis Banking Legislation Into Law

Gov. Tom Wolf signed the bill July 11 to allow the state’s cannabis businesses to secure financial services from banks and lenders.

Rep. Ed Perlmutter Includes SAFE Banking as Amendment to National Defense Budget Bill

After the cannabis banking reform legislation was removed from the America COMPETES Act last month, the bill’s primary sponsor has attached it to the 2023 National Defense Authorization Act.

Midyear Cannabis Update: 4 Industry Trends to Watch

Saul Ewing Arnstein & Lehr’s Jonathan Havens shares the biggest developments he’s seen so far in 2022, as well as which trends industry stakeholders should watch during the second half of the year.

Washington Lawmakers Bail on SAFE Banking, Again

The cannabis reform measure was removed from the America COMPETES Act, a GOP request that top Democrats caved in to agree upon.

CanPay Expands to Reach Nearly All of Florida's Cannabis Consumers

The platform is now accepted at 95% of the state's medical marijuana treatment centers.

More Than 20 Senators Urge Congressional Leadership to Include SAFE Banking Act in Pending Legislative Package

A group of 24 senators wrote a letter to Senate and House leaders May 12, encouraging them to include the cannabis banking reform measure in the final version of the America COMPETES Act.

Fluresh Lands $25-Million Note From Federally Regulated Bank

The hefty loan signals another degree of normalization for an industry poised on the edge of impending bank reform.

Bankers Associations From All 50 States Urge Senate Leadership to Pass SAFE Banking Act

Members of the American Bankers Association and state bankers associations sent a letter to lawmakers April 28, asking them to include the SAFE Banking Act in the America COMPETES Act.

Cannabis Reformist Presses Senate Quartet to Pass SAFE Banking

Rep. Ed Perlmutter says his legislation, which has passed the House six times, offers an “immediate solution to get cash off our streets.”

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