©2026 Incunabulum LLC. All rights reserved. mg Magazine is a registered trademark of Incunabulum LLC. The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with prior written permission.
Tag: cannabis banking
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...