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Saturday, May 10th, 2025

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New York touts first Southern Tier cannabis dispensary opening

By Douglas Clark   |   February 10, 2023   |   Cannabis Banking

New York state officials maintain the opening of the first of Conditional Adult-Use Retail Dispensary licenses in the Southern Tier advances New York State's Seeding Opportunity Initiative. Additio...

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NFIB advocates Arizona business property tax relief

By Douglas Clark   |   February 8, 2023   |   Industry

The National Federation of Independent Business (NFIB) is encouraging Arizona state lawmakers to support a pair of measures the organization maintains would provide job creator property tax relief. ...

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Four new members elected to Marijuana Policy Project’s board of directors

By Douglas Clark   |   January 25, 2023   |   Cannabis Banking

Cannabis policy reform organization Marijuana Policy Project (MPP) has elected four new members to serve on its board of directors. “Their experience and proven track record of success in the canna...

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West Virginia Gov. Justice proposes 50 percent cut to income taxes

By Dave Kovaleski   |   January 18, 2023   |   Featured

West Virginia Gov. Jim Justice proposed a 50 percent cut in the state's personal income taxes over three years while setting aside $700 million in reserve. The plan, announced during his state of the...

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Illinois details record adult use cannabis sales

By Douglas Clark   |   January 10, 2023   |   Cannabis Banking

Illinois state officials are touting 2022 adult use cannabis sales records in all categories the Illinois Department of Financial and Professional Regulation (IDFPR) tracks. “When I signed the Ca...

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Antonia Apps

Antonia M. Apps tabbed for SEC New York Regional Office post

By Douglas Clark   |   January 4, 2023   |   Industry

Former federal prosecutor Antonia M. Apps will become Regional Director of the Securities and Exchange Commission (SEC) New York Regional Office next month. Per the SEC, Apps previously served as ...

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Emlenton Bank merged into Ohio’s Farmers National Bank

By Dave Kovaleski   |   January 4, 2023   |   Industry

Farmers National Banc Corp. completed the merger of Emclaire Financial Corp., the holding company for The Farmers National Bank of Emlenton. Through this move, Emlenton Bank was merged with and int...

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New York touts first adult-use cannabis retail purchase

By Douglas Clark   |   January 3, 2023   |   Cannabis Banking

New York state officials are highlighting the first sale of legal, regulated adult-use cannabis in state history. "The first legal adult-use cannabis sales mark a historic milestone in New York's c...

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New York to initiate adult-use cannabis retail sales

By Douglas Clark   |   December 23, 2022   |   Cannabis Banking

New York Gov. Kathy Hochul said the state's adult-use cannabis retail sales will begin on Dec. 29 at a dispensary in Manhattan. Sales will begin at a dispensary operated by Housing Works, the natio...

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Iowa Attorney General details Transportation Alliance Bank settlement

By Douglas Clark   |   December 23, 2022   |   Industry

Iowa Attorney General Tom Miller and the Iowa Division of Banking have detailed an Assurance of Discontinuance agreement with Ogden, Utah-based Transportation Alliance Bank. The agreement stems fro...

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Cannabis Banking

  • 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
  • Senators push for legal cannabis businesses to have SBA access
  • Delaware to consider bill protecting financial businesses serving legal marijuana industry

Digital Currency

  • House Republican leaders draft of bill to establish U.S. digital asset framework
  • Sen. Thune to expedite vote on GENIUS Act stablecoins bill
  • Federal Reserve Board withdraws crypto-asset bank guidance
  • PGI Global founder charged in crypto fraud scheme
  • SEC Crypto Task Force to hold crypto custody roundtable

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  • Reps. Smucker, Davids introduce bill to reduce student loan burden
  • House Republican leaders draft of bill to establish U.S. digital asset framework
  • Credit Suisse hit with $510M fine for IRS violations
  • Forward Air board under fire from activist investor Ancora
  • Huntington National Bank opens first branch in the Carolinas
  • Sens. Gallego, McCormick sponsor legislation to boost affordable housing supply
  • Tariffs have begun harming small businesses, according to Senate committee report
  • Stephen Luparello named chairman of OCC

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