Tag: CBT > Business Issues/ Benchmarks > SAFE Banking Act: Page 6

Finance

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.

April 29, 2022

Banking Bill Cannabis Industry

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.

April 29, 2022

Legislation and Regulation

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.”

April 20, 2022

Finance

Justice Department to Return $1.1M in Cannabis-Related Cash to Armored Vehicle Company

Seized last year in San Bernardino County, Calif., the money came from licensed cannabis operators and will be returned to Empyreal Logistics.

April 14, 2022

Legislation and Regulation

New York Senator Introduces Cannabis Banking Bill

Sen. Jeremy Cooney has introduced the first of two bills meant to address banking in the state’s cannabis industry.

April 14, 2022

Legislation and Regulation

Pennsylvania Senate Approves Cannabis Banking Legislation

Senate Bill 1167, which would allow financial institutions and insurers to provide services to the state’s medical cannabis businesses, has advanced to the House.

April 14, 2022

Finance

Tacoma Cannabis Dispensary Now Offering Cash-Free Payment Option

Mary Mart rolled out a new transaction system weeks after a string of fatal robberies in the western part of Washington.

April 11, 2022

Legislation and Regulation

Pennsylvania Cannabis Banking Bill Receives Unanimous Committee Support

The legislation would authorize financial institutions and insurers to provide services to the state’s medical cannabis businesses.

March 31, 2022

Finance

Two Teens Wanted in Fatal Washington Dispensary Shooting

The Tacoma Police Department named 16-year-old and 15-year-old boys as suspects at large in connection with at least 10 cannabis retail robberies.

March 28, 2022

Legislation and Regulation

Washington Dispensary Worker Fatally Shot During Robbery

The shooting in Tacoma is the latest in a string of violent robberies in western Washington, highlighting a lack of banking reform in the industry.

March 21, 2022

Legislation and Regulation

Does Oklahoma Have the Answer to Cannabis Banking?

House lawmakers passed a bill that would utilize virtual currency as a means to provide the state’s medical cannabis industry safe and legal banking.

March 16, 2022

Mergers and Acquisitions in the Cannabis Market

Flora Growth’s Strategic Future

CEO Luis Merchan considers human capital, distribution, and revenue when targeting deals, says political reform will accelerate plans.

February 9, 2022