banking

SAFE Banking Act Left Out of Defense Spending Bill

A bid to include the SAFE Banking Act in a must-pass defense spending bill has failed, leaving advocates searching for…

2 years ago

Dispensaries’ Cashless ATM Transactions Get The Ax

Cannabis dispensaries in several states were left scrambling to find ways to process transactions without cash when a popular workaround…

2 years ago

New Poll Shows Overwhelming Support for Cannabis Banking Legislation

Nearly two-thirds of U.S. voters support legislation to allow the banking industry to provide financial services to legal cannabis businesses,…

2 years ago

Meet the CLIMB Act, new bipartisan cannabis banking bill

The new CLIMB Act would help cannabis businesses access banking services, and list on the stock exchange. It emphasizes small,…

2 years ago

Majority of Americans Want Congress to Act on Cannabis Banking

According to data collected in a national survey, released March 8, conducted by Morning Consult, and on behalf of the…

3 years ago

24 Governors Call On Congress to Pass Cannabis Banking Bill

The governors of 24 states and U.S. territories sent a letter to congressional leaders on Thursday calling on lawmakers to…

3 years ago

The dangers of running multimillion-dollar cash business

Danger runs high for cannabis businesses forced to house large sums of cash. Here's how one cannabis business survives. The…

3 years ago

Michigan Cracks Down on Cannabis Banking Through Credit Unions

In the U.S., banks and credit unions are reluctant to work with cannabis businesses because of the federal illegality of…

4 years ago

South Dakota May Let Banks Choose Whether To Work with Cannabis

While it would be a great step in the state if the bill passes, there are some downsides.

4 years ago