Banking Services Cannabis Industry: Page 9

What Does a Democrat-Controlled Senate Mean for Federal Cannabis Policy Reform?

Industry stakeholders are optimistic about federal descheduling or legalization after Democrats secure power in Washington.

Incoming Senate Banking Committee Chairman Open to Cannabis Banking Reform

Sen. Pat Toomey says cannabis businesses should have access to banking services.

California Cannabis Banking Bill Becomes Law, Colorado Governor Pardons Thousands of Cannabis Convictions: Week in Review

A new law in California will provide a safe harbor for banking institutions doing business with cannabis companies.

California Cannabis Banking Bill Becomes Law

New rules in California will make it easier to strike up a financial relationship with a bank.

U.S. House Includes SAFE Banking Act in Latest COVID-19 Relief Package

The newly proposed legislation is an updated version of The HEROES Act, which the House initially passed in May.

3 Cannabis Legislation Predictions Ahead of the 2020 Election

Will Congress act soon to bring a measure of common sense to this country’s cannabis policy? What about the states?

Bipartisan Group of Attorneys General Urges Congress to Include Cannabis Banking Reform in Coronavirus Relief Legislation

Attorneys general for 34 states and territories sent a letter to Senate and House leadership asking them to allow banks to work with the cannabis industry.

U.S. House Passes SAFE Banking Act as Part of New Coronavirus Relief Bill: UPDATE

The bill now heads to the U.S. Senate, which has never before passed cannabis banking legislation.

U.S. House Includes SAFE Banking Act in New COVID-19 Relief Bill, Montana Cannabis Legalization Campaign Launches Signature Drive: Week in Review

This week, House lawmakers included legislative language from the SAFE Banking Act in new legislation aimed at economic relief amid the coronavirus pandemic.

Cannabis Policy Advocates Urge Congress to Include Banking Reform in Next Coronavirus Relief Legislation

Advocates argue that the lack of banking access hinders social distancing efforts, increases risk of contagion, creates unnecessary financial hardship and presents other safety risks for essential businesses and patients.

California Offering $50,000 ‘Bridge Loan’ for Small Businesses, Including Cannabis Industry

With a sales tax deferral and an opportunity to hold back thousands of dollars, California is offering some relief for small business owners.

Lawmakers Introduce House Bill to Extend Federal Aid to Cannabis Industry, Stay-at-Home Orders Keep 4/20 Sales Down: Week in Review

This week, Reps. Earl Blumenauer and Ed Perlmutter unveiled legislation that would allow cannabis businesses to access federal COVID-19 relief.

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