Marijuana banking

In partisan D.C., House banking panel flips the script

11/14/19

Bankers had worried about Rep. Maxine Waters' control of the Financial Services Committee, but many now say the Democrat’s working relationship with the panel’s top Republican is refreshing.

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A tech solution to the pot banking problem

11/12/19

New data analytics could help provide more comfort to banks in doing business with the cannabis industry, despite restrictive federal laws.

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Vaping deaths could slow pot banking momentum

10/17/19

The Senate Banking Committee chairman said he wants to revise legislation enabling banks to serve marijuana businesses to ensure it does not benefit vaping providers that have sparked safety concerns.

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Senate pot banking bill may add weapon to fight money launderers

10/04/19

As Banking Committee Chairman Mike Crapo works on legislation enabling banks to serve cannabis businesses, one area of focus is combating risks tied to “legacy cash” that has accumulated in the marijuana industry.

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Public banking gets green light in California

10/03/19

A new law authorizes municipalities in the nation’s largest state to charter their own financial institutions to reinvest public funds into the community.

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California gives more cover to firms banking pot businesses

10/03/19

Officials said Thursday that they will not take regulatory action against state-chartered banks and credit unions solely for serving licensed cannabis businesses.

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Impeachment fight derailing banking bills? Think again

10/03/19

Democrats’ investigation of President Trump has darkened the horizon for legislative activity in Washington, but prospects for a pair of bipartisan measures backed by the industry are surprisingly bright.

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House passes cannabis banking bill, but Senate battle looms

09/25/19

The legislation included changes designed to attract more Republican support, which is key to the measure ultimately becoming law.

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Fannie, Freddie can keep profits; CBD firm seeks national bank

09/23/19

Building capital will help the mortgage agencies move toward the private sector; Virtual Wellness needs to assure banks it's safe to do business with them.

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Hemp protections added to House pot banking bill

09/20/19

Protections for industrial hemp were added to a cannabis banking bill that is expected to get a full House vote next week.

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