Browsing: Cannabis Banking

Much confusion has arisen when it comes to hemp and CBD. Hemp oil and CBD oil are highly sought after,…

Bank of America last week suddenly canceled the bank accounts of Scottsdale Research Institute (SRI), a Scottsdale, Arizona-based research institute…

Beginning November 8, JPMorgan Chase & Co will no longer let its prime brokerage clients buy certain U.S. cannabis-related securities,…

The New Mexico Finance Authority Oversight Committee on Tuesday approved a $5 million loan program aimed at helping licensed cannabis…

Lawmakers in the U.S. House stripped language to establish cannabis industry banking protections from the National Defense Authorization Act (NDAA)…

The payment processing giant Visa issued a warning this month against the practice of cannabis dispensaries using so-called “Cashless ATMs”…

A dispute about whether banks can pull mortgages from cannabis users is heading to the Canadian Human Rights Tribunal, Western…

Congressional Democrats are planning to take up cannabis-related issues in the spring, including proposals to allow the industry access to…

South San Francisco, CA, Jan. 20, 2022 – Dama Financial (“Dama”), the nation’s largest provider of access to banking and…

The SAFE Banking Act, a bipartisan proposal to give the cannabis industry access to traditional banking services, was revived last…