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Tag: credit unions
Senate Takes Long-Awaited Step Toward Cannabis Banking Reform
WASHINGTON – The cannabis-friendly Secure and Fair Enforcement Regulation (SAFER) Banking Act is on its way to a floor vote in the Senate after...
Hypur Inc. Partners with Salal Credit Union for Cannabis Payment Processing
SCOTTSDALE, Ariz. – Payment processing company Hypur Inc. announced last week it has partnered with Salal Credit Union to provide payment processing for cannabis,...
House of Representatives Approves Cannabis SAFE Banking Act
WASHINGTON, D.C. – The U.S. House of Representatives today, in a historic vote, approved legislation that would allow legal cannabis businesses access to banking...
Progress for the Cannabis Industry on Banking?
Although the cannabis industry is experiencing unprecedented growth, there still are obstacles preventing the it from reaching its true economic potential. One of the...
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...