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Home » Cannabis Banking » Page 5

Cannabis Banking

New York, New Jersey cannabis licensees advocate SAFE Act passage

By Douglas Clark   |   November 1, 2022   |   Cannabis Banking

New York and New Jersey cannabis licensees and applicants are advocating for the Senate to pass the Secure and Fair Enforcement (SAFE) Banking Act, maintaining the action would decrease minority busin...

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New Jersey panel advocates funding of Cannabis Training Academy

By Douglas Clark   |   October 31, 2022   |   Cannabis Banking

The New Jersey Cannabis Regulatory Commission (NJ-CRC) has recommended the state's Department of the Treasury fund the Cannabis Training Academy. During its recent public session, the NJ-CRC approv...

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NAFCU advocating inclusion of SAFE Banking Act within National Defense Authorization Act

By Douglas Clark   |   October 28, 2022   |   Cannabis Banking

The National Association of Federally-Insured Credit Unions (NAFCU) is advocating the Secure and Fair Enforcement (SAFE) Banking Act be included in the fiscal year 2023 National Defense Authorization ...

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SEC details Toronto-based cannabis company charges

By Douglas Clark   |   October 26, 2022   |   Cannabis Banking

Securities and Exchange Commission (SEC) officials have outlined charges against a Toronto-based cannabis company and its former Chief Commercial Officer, alleging improper revenue accounting and othe...

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ASA issues medical marijuana voter guide

By Douglas Clark   |   October 26, 2022   |   Cannabis Banking

The Americans for Safe Access (ASA) has issued its 2022 Vote Medical Marijuana voter guide to educate supporters and the public regarding legislator medical cannabis advocacy. "It is critical for m...

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ABA survey finds strong support for cannabis banking

By Dave Kovaleski   |   October 24, 2022   |   Cannabis Banking

A new survey conducted by Morning Consult for the American Bankers Association (ABA) reveals trends and preferences among consumers when it comes to banking. Among the highlights, the survey found ...

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Washington seeking mentors for cannabis business owners

By Douglas Clark   |   October 20, 2022   |   Cannabis Banking

The Washington State Department of Commerce is seeking proposals to create a roster of mentors to aid prospective cannabis business owners. The agency is also seeking a facilitator to launch the pr...

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California task force cracks downs on illegal cannabis operations

By Dave Kovaleski   |   October 17, 2022   |   Cannabis Banking

California Gov. Gavin Newsom’s Unified Enforcement Task Force (UCETF) has been cracking down on illegal cannabis operations in the state. The task force conducted an operation in a rural area of ...

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Rep. Norton advocates D.C. recreational marijuana commercialization efforts

By Douglas Clark   |   October 14, 2022   |   Cannabis Banking

U.S. Rep. Eleanor Holmes Norton (D-DC) is advocating for the Biden administration to end support for the District of Columbia marijuana rider and endorse D.C. authority to grant clemency. Norton sa...

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Reps. Joyce, Mast urge Biden to address unjust treatment of tribes on cannabis

By Dave Kovaleski   |   October 12, 2022   |   Cannabis Banking

U.S. Reps. Dave Joyce (R-OH) and Brian Mast (R-FL) are calling on President Joe Biden to address what they call the unjust treatment of tribal communities by federal authorities regarding cannabis. T...

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Cannabis Banking

  • Bill to provide cannabis businesses with banking services introduced in House
  • Pennsylvania AG among coalition urging Congress to pass cannabis banking bill
  • New York State hits $1B in cannabis retail sales
  • AICPA makes recommendations to IRS on cannabis businesses in advance of marijuana reclassification
  • CTrust launches credit scoring platform for cannabis businesses

Digital Currency

  • Blockchain Association CEO to step down
  • Fed seeking feedback on two GENIUS Act stablecoin implementation proposals
  • SEC issues temporary exemption to facilitate the trading of tokenized stocks
  • House Ways and Means Committee advances bill to alter tax code for digital assets
  • Senate votes down CLARITY Act cryptocurrency bill
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