©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: financial institutions
The Impact of Rescheduling under the Bank Secrecy Act
In recent years, the debate surrounding the legalization and decriminalization of cannabis has gained considerable momentum. As jurisdictions across the globe move toward loosening...
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...
Simplifya and Shield Compliance Team Up to Bring Financial Institutions Critical Cannabis RegTech Solutions...
DENVER – Simplifya (“Simplifya” or “the Company”), the leading regulatory and operational compliance software platform serving the cannabis industry, announced it has teamed up...
FinCEN Guidelines Clarify Due Diligence Requirements regarding Hemp Businesses
WASHINGTON, D.C. – The U.S. Treasury Department Financial Crimes Enforcement Network (“FinCEN”) at the end of June issued guidelines for financial institutions that clarified...
Appropriations Committee Could Establish Groundwork for Cannabis Banking
WASHINGTON, D.C. – A new federal spending bill could solve two lingering issues for legal cannabis.
The Appropriations Committee in the House of Representatives has...
SBA Policy Change Chills Loans for ‘Cannabis-Related’ Businesses
WASHINGTON D.C.–A recent policy change at the Small Business Administration (SBA) would prevent any businesses associated with the cannabis industry from accessing SBA-backed loans–even...