Tag: CBT > Business Issues/ Benchmarks > Banking Bill Cannabis Industry: Page 3

Medical Cannabis Legalization Bill

2023 Cannabis Industry Outlook: 'Tough Times Create Exceptional Organizations'

Merida Capital's Colin Kelley shares his take on what U.S. cannabis markets can expect this year, as well as themes to keep in mind while navigating this challenging time in the industry.

January 11, 2023

Legislation and Regulation

SAFE Banking Hopes Fade as Congress Scrambles to Approve Spending Deal

While some lawmakers are pushing to include the SAFE Banking Act in the omnibus spending bill, it is possible that cannabis banking reform efforts will be punted to 2023.

December 19, 2022

Legislation and Regulation

Senate Minority Leader Mitch McConnell Squashes Democrats’ Efforts to Add SAFE Banking Provisions to Defense Bill

McConnell called on Senate Majority Leader Chuck Schumer and House Speaker Nancy Pelosi to remove the cannabis-related language from the National Defense Authorization Act.

December 7, 2022

Legislation and Regulation

Independent Community Bankers Association, Affiliated State Associations Call on Senate to Pass SAFE Banking Act

The ICBA and 44 affiliated state associations submitted a letter to Senate leaders this week, urging them to calendar the legislation for a floor vote.

November 30, 2022

Legislation and Regulation

US Senator Urges Senate to Approve SAFE Banking Act During Banking Hearing

Sen. Bob Menendez, a senior member of the Senate Banking Committee, urged passage of the banking reform legislation during a hearing this week titled “Current Issues in Insurance.”

September 9, 2022

Legislation and Regulation

New Poll Reveals That Two-Thirds of Voters Support Cannabis Banking Reform

A new Independent Community Bankers of America poll, conducted by Morning Consult, showed that 65% of voters support allowing cannabis-related businesses to access banking services in state-legal markets.

September 9, 2022

Banking Bill Cannabis Industry

'There Really Are No Luxuries Here’

Planet 13 co-CEO Robert Groesbeck says cannabis companies must tread carefully as the economic outlook remains grim.

August 25, 2022

Finance

Cannabis Regulators of Color: No SAFE Equity Without Amended Bill

The major industry advocacy group says SAFE Banking will not promote equity in cannabis without significant changes.

August 22, 2022

Finance

'We Need Federal Action'

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

July 28, 2022

Banking Bill Cannabis Industry

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.

July 18, 2022

Pennsylvania

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.

July 12, 2022

Legislation and Regulation

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.

July 5, 2022