Categories: aggregated

First US Credit Union Gets Accredited to Handle Cannabis and Hemp Banking

Hector Balderas, New Mexico Attorney General, announced on Monday that the state’s Eagle Federal Credit Union is the first financial institution in the United States to be accredited for outstanding monetary banking protocols in cannabis and hemp operations in the United States. This accreditation is one of the many financial services certification programs organized by the Policy Center for Public Health and Safety. The center is co-run by New Mexico’s State Attorney General, while ASTM International and PH & S are in charge of implementing a more comprehensive certification effort.

Jason

Share
Published by
Jason

Recent Posts

A U.S. Weed Company Finally Cracked The NYSE. It Had To Leave The Recreational Pot Behind.

Trulieve becomes the first U.S. cannabis company to trade on the NYSE on June 10.…

20 hours ago

AI Is Growing Your Weed Now

From robot canopy scanners to algorithmic breeders to AI-powered dispensary counters, artificial intelligence is remaking…

3 days ago

The THC Breathalyzer Hype Machine: Why This Technology Still Doesn’t Solve the Problem

The latest version of this story comes from Virginia Commonwealth University, where researcher Emanuele Alves…

3 days ago

From Ditch Weed to Dank: The Lost World of 1977 Cannabis and Why It Still Matters

But there's more to this image than nostalgia and comedy. What you're looking at in…

3 days ago

The WNBA Just Dropped Its Weed Ban. It Banned Psychedelics In The Same Breath.

The league pulled marijuana off its banned list in the new players’ agreement. In the…

4 days ago

Medical Cannabis Behind the Wheel: NSW Proposes ‘Three Strikes’ Before Penalties

In New South Wales, Australia, patients can legally use medical cannabis with a prescription. So…

4 days ago