Tag: cannabis banking
An Expert Analysis of the SAFE Banking Act
On March 28, the House Financial Services Committee approved H.R. 1595, a bill designed to create protections for banks and insurers providing financial services...
Tarzana SWAT Operation at Cannabis Dispensary Finds No Suspects
TARZANA, Calif. – The investigation is ongoing into an hours-long SWAT operation that took place Monday at an unlicensed cannabis dispensary located in Tarzana, California.
According...
Fitting In and Standing Out: Portland’s Jayne Dispensary
In a hyper-competitive market, community and quality have been a winning combo for Oregon dispensary Jayne.
On the northwest edge of the Eliot neighborhood in...
Mass. Credit Union Will Work With Recreational Cannabis Businesses
GARDNER, Ma- Massachusetts recreational cannabis dispensaries could soon have access to banking services.
GFA Federal Credit Union has announced a plan to become the first...
Congressional Committee Declines to Approve Cannabis Banking Regulations
WASHINGTON, D.C. -- A congressional committee decided against amending banking rules for the cannabis industry.
If enacted, the new regulations would have prevented the U.S...
Bill for Cannabis Banking Gets First Committee Approval
SACRAMENTO–The Banking and Financial Institutions Committee on Wednesday unanimously approved a bill that would allow limited merchant banking for cannabis businesses in California.
Senate Bill...
Treasury Secretary Inches Toward Support for Cannabis Banking
WASHINGTON, D.C. – Treasury Secretary Steve Mnuchin wants to “find a solution” to public safety and tax collection issues arising from the cannabis industry's...
