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More Posts on Banking
A roundup of recent reforms and what you can expect.
The House included marijuana business relief in the latest coronavirus aid bill, but advocates question if lawmakers went far enough.
With banks reluctant to work directly with cannabis companies, alternative "banking service solutions" have sprung up to help remedy the industry's cash problem.
Your weekly rundown of the biggest news in the cannabis business.
Systemic barriers to basic banking and insurance services are muffling the cannabis boom much more than is generally realized.
Business interests and public opinion clearly favor ending prohibition but the status quo still has a lot of momentum.
Hemp and CBD are legal but not yet legal enough for risk-adverse bankers.
The fate of the SAFE Banking Act is far from certain but there is progress to celebrate.
The Federal Reserve and FDA want Congress to clarify how to regulate a product that, strictly speaking, is prohibited.
The federal government taxes cannabis mercilessly, and all in cash.
Opening an account is challenging but in many states banks are increasingly accepting deposits from of cannabis companies.