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Governor Jared Polis praises progress but also calls for attention to cannabis banking and other issues. Colorado Gov. Jared Polis recently sent a letter to President...
The bill would have created a task force to investigate the pros and cons of a public bank to serve cannabis businesses. Oregon Gov. Tina Kotek...
Payment processor Mastercard has directed financial institutions to stop allowing debit card transactions for weed purchases. Payment processing powerhouse Mastercard this week revealed the company is...
Token Hifi offers a new banking solution to help business owners. Former Rep. Dan Donovan, who held his position as a New York House representative between...
The industry had been told over several weeks that the legislation looked as if it would pass and that there was support for it. The cannabis...
Cashless ATMs, a popular method for handling cannabis transactions, are being shut down by payment processing companies. Cannabis dispensaries in several states were left scrambling to...
A poll commissioned by a national banking industry group has found that nearly two-thirds of U.S. voters support allowing financial institutions to provide banking services to...
After a vote last week, the National Conference of State Legislators (NCSL) adopted a revised cannabis policy measure (the “Directive“) which supports federally descheduling cannabis, as well as...
“The Senate continues to ignore the public safety risk of forcing cannabis businesses to deal in all cash,” said Ed Perlmutter, (D-CO), who sponsored the legislation....
The SAFE Banking Act has hit yet another wall in Congress and won’t be included in the final version of an economic stimulus bill. According to...
