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Tag: merchant banking
California Agriculture Dept. Proposes Emergency Cannabis Banking Regulations
SACRAMENTO, Calif. – The California Department of Food and Agriculture (CDFA) filed proposed emergency regulations that would implement provisions of Assembly Bill 1525 with...
House Democrats Include Cannabis Banking Provision in Heroes Act 2.0
WASHINGTON, D.C. – House Democrats this week introduced a revised stimulus bill to offset economic hardship incurred due to the ongoing COVID-19 pandemic. The...
SAFE Banking Act Advances to House
WASHINGTON, D.C. – The House Financial Services Committee on March 28 passed H.R. 1595, the Secure and Fair Enforcement Banking Act of 2019, or...
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...
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...