Latest In: FinCEN

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Small cannabis businesses subject to new ownership reporting rule

Many U.S. cannabis companies will need to comply with a new reporting requirement under federal law, an attorney…

News February 13
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Access to marijuana banking services increasing over pandemic levels

The number of financial institutions actively providing services to state-legal marijuana businesses increased to 755 as of Sept.…

News March 4
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The changing US cannabis banking landscape + Hexo’s falling stock prices

As long as cannabis is federally illegal in the U.S., there will be little in the way of…

News September 1
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Cannabis banking numbers slip, but loans might be increasing

The number of financial institutions serving marijuana-related businesses declined slightly in the first six months of this year,…

News September 8
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New York calls on banks to work with medical marijuana industry

New York state's top financial officials have joined the growing chorus of regulators and business leaders calling on…

News July 10
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Chart: More banks serving cannabis sector, but Cole Memo repeal threatens to slow progress

The number of banks and credit unions actively serving the marijuana industry has jumped nearly 30% from a…

News February 12
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Report: Marijuana banking protections intact – for now

Financial institutions that serve marijuana businesses still have federal protections – at least for now – outlined in a…

News January 12
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Week in Review: New York medical cannabis, the future of Colorado hemp & Maryland banking

New York approves an expanded line of medical marijuana products, a Colorado hemp producer departs for Arkansas, and…

News January 12
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Maryland credit union to cannabis businesses: We’re open

An aptly named credit union in Maryland is ready and willing to serve the state’s medical marijuana businesses.…

News January 11
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