Tag: CBT > Business Issues/ Benchmarks > Banking Services Cannabis Industry

SAFE Banking Act

Visa, Mastercard Likely Won’t Change Cannabis-Payment Policies Under Schedule III, GAO Finds

Unless cannabis is federally legalized, the industry’s obstacles with banking, loans and other basic financial services will persist, according to a federal report.

September 9, 2026

SAFE Banking Act

8 Bipartisan US House Lawmakers Reintroduce SAFE Banking Act

The legislation would prohibit federal regulators from penalizing financial institutions simply because they choose to service the cannabis industry.

June 25, 2026

SAFE Banking Act

4 Bipartisan Senators File SAFE Banking Act for Cannabis Industry

The legislation, which previously passed seven times in the House, aims to provide a safe harbor to banks and credit unions wishing to serve the industry.

June 25, 2026

Vendor News

Safe Harbor Financial Announces Extension With PCCU, Generating Estimated $9 Million Incremental Revenue Through 2031

The new agreement is also expected to generate more than $1.5 million in total incremental cost savings over the revised 6.25-year term.

February 12, 2026

Vendor News

Shield Compliance Introduces New Brand, Expanded Compliance Solutions for High-Risk Business Banking

The unified platform now supports monitoring and onboarding for cannabis-related businesses, money services businesses, and other highly regulated lines of business.

February 2, 2026

Full-Spectrum Wisdom

New Year, New Cannabis Banking Opportunities?

Banking reform remains stalled despite widespread state legalization. Could Trump’s executive order on rescheduling start to set change in motion?

January 28, 2026

Vendor News

Green Check Surpasses $1.7B in Monthly Verified Deposits in 2025

Strategic partnerships and product innovation drive YoY growth in verified deposits and cannabis ecosystem expansion for leading fintech.

January 27, 2026

Vendor News

Safe Harbor Partners With Frontier Risk, AlphaRoot to Expand Client Offerings

The strategic partnerships introduce insurance as a new service category and complementary revenue stream within the Safe Harbor Advantage Partner Network.

January 15, 2026

Vendor News

Safe Harbor Launches Payroll Cashflow Solution, Announces Major Banking Win With Canopy HR

The new Payroll Boost feature improves operator liquidity and creates multiple new revenue opportunities for Safe Harbor.

December 9, 2025

Vendor News

Green Check Launches The Forum, a New Platform Extension for Trusted Connections in High-Risk Industries

The vetted ecosystem integrates education and intelligent connection matching to drive compliant growth for cannabis and other high-risk businesses and service providers.

October 1, 2025

Vendor News

Green Check Launches Managed Services to Accelerate Growth for Financial Institutions Operating in High-Risk Industries

The new embedded offering combines people, process, and platform support with no additional fees, giving FIs the power to grow their cannabis programs without adding headcount.

September 3, 2025

Vendor News

Safe Harbor Financial Launches Industry’s 1st Fully Managed Cannabis Banking Program for Financial Institutions

The turnkey platform offers banks and credit unions cannabis deposits with lower overhead and workload, reduced regulatory and operational risks, and no reputational exposure.

September 2, 2025