Browsing: Banking

GOP lawmakers in the U.S. House of Representatives this week removed legislative provisions to protect banks that serve cannabis businesses from a federal funding bill after…

Sometimes I’ll write about cannabis banking when I’m working on a project for a bank or credit union, but newsworthy developments on cannabis banking seldom seem…

Following the reported move by the federal government to reclassify cannabis as a Schedule III drug under the Controlled Substances Act, the American Bankers Association (ABA)…

If you own a cannabis business, a major consideration is where to keep your money. Though many business owners may find banking to be a headache…

Illustration: Igor Normann / Shutterstock When the Secure and Fair Enforcement (SAFE) Banking Act was introduced in 2017, both Democrats and Republicans were optimistic Congress would…

We are helping build out another marijuana banking program here in Oregon. My law firm has done a series of these for credit unions (“CU”s) and…

The Secure and Fair Enforcement Regulation (SAFER) Banking Act has passed the Senate Committee on Banking, Housing and Urban Affairs and moves next to the Senate’s…

I’m pretty sure that more ink has been spilled on the Secure and Fair Enforcement Act (“SAFE Banking”), than any other proposed cannabis law. It just…

Key senators say they’re aiming to hold a committee vote on a marijuana banking bill when they return from the July 4th recess—though at least one…

An anti-drug group says that if Congress passes a bipartisan marijuana banking reform bill, it will lead to increased traffic fatalities and hospitalizations. The non-profit Community…