Cannabis Banking news and trends

Sessions Facing Pushback For Strict Pot Laws By Banking Industry
Bank Regulation // June 18, 2018

Attorney Jeff Sessions’ strict stance on marijuana companies is facing pushback from the nation’s banks, which are stepping up their lobbying efforts to get more lenient plans. With support from both President Donald Trump and Democrat Senator Elizabeth Warren, Politico reported that the leading banking industry...

Congress Receives Petition To Make Cannabis Banking Legal
Legal // January 17, 2018

Congress has a new petition to review: This one is from a bipartisan group of 18 attorneys general from states that have legalized recreational and medical marijuana and would like access to banking in the industry. According to a TechCrunch report, because marijuana is still...

Quick Reads
Marijuana Banking, Cryptocurrency Regulation May Be Combined Into Single Bill

April 15, 2024
Proposed rules for marijuana banking and cryptocurrency regulation may be combined into a single bill. The legislation has not been finalized, but there have been talks in the U.S. Congress about combining a cannabis bill, the “Secure and Fair Enforcement Regulation (SAFER) Banking Act,” and a stablecoin measure, Marijuana Moment reported Sunday (April 14). Senate Majority Leader […]

Sessions Facing Pushback For Strict Pot Laws By Banking Industry

June 18, 2018
Attorney Jeff Sessions’ strict stance on marijuana companies is facing pushback from the nation’s banks, which are stepping up their lobbying efforts to get more lenient plans. With support from both...

Congress Receives Petition To Make Cannabis Banking Legal

January 17, 2018
Congress has a new petition to review: This one is from a bipartisan group of 18 attorneys general from states that have legalized recreational and medical marijuana and would like...