Articles tagged with "banking"
53 total articles - Page 1 of 6
Meet the CLIMB Act, a new bipartisan cannabis banking bill
Max Savage Levenson - Published on June 27, 2022read moreThe new CLIMB Act would help cannabis businesses access banking services, and list on the stock exchange. It emphasizes small, minority-owned businesses.
Despite federal legalization, banks in Canada still won’t work with weed
David Silverberg - Published on May 2, 2022read moreBanks in Canada continue to discriminate against cannabis clients in spite of legalization (unless you can pay-to-play).
The dangers of running a multimillion-dollar cash business
Danté Jordan - Published on August 27, 2021read moreDanger runs high for cannabis businesses forced to house large sums of cash. Here’s how one cannabis business survives.
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Why did San Francisco’s cannabis store ‘cashless ATMs’ suddenly shut down?
Chris Roberts - Published on November 15, 2019read moreUnsolved mystery: Over 48 hours, every one of the city’s cannabis cash machines went dark. Nobody seems to know why.
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Cannabis industry optimistic on banking despite murky Senate prospects
Raj Chander - Published on September 27, 2019read moreThe bill, which the House passed 321–103 on Wednesday, is seen as a major win for banks, investors, and much of the legal cannabis industry. What’s next?
![Congress may finally allow faster CBD drug development. This sclerotic pace of reform is why people want to end the filibuster.(smartboy10,channarongsds/iStock)]()
House passes cannabis banking bill in historic vote
Raj Chander - Published on September 25, 2019read moreA strong vote, 321-103, moves cannabis banking reform over a major hurdle. Now it’s the Senate’s turn.
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Holy Crapo! Cannabis Banking Reform Makes Surprise Headway
Max Savage Levenson - Published on August 5, 2019read moreSen. Mike Crapo, the Senate banking committee chair, signals an openness to cannabis financial reform.
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Courting Crapo: Today’s Senate Banking Hearing Was All for One Man
Bruce Barcott - Published on July 23, 2019read moreThe SAFE Banking Act won’t pass until Senate banking chair Mike Crapo allows it. So today’s hearing was aimed at swaying his vote.
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Banks Are Redlining the 99% Out of the Legal Cannabis Industry
David Downs - Published on July 21, 2019read moreIt can cost $2 million to open a licensed cannabis store. And not a bank in the nation will offer a small business loan.
![Congress may finally allow faster CBD drug development. This sclerotic pace of reform is why people want to end the filibuster.(smartboy10,channarongsds/iStock)]()
Congressional Committee Discusses How to Legalize Cannabis
Ben Adlin & Bruce Barcott - Published on July 10, 2019read moreWhile lawmakers seemed to agree on the need to end cannabis prohibition, Wednesday’s hearing highlighted tensions between competing visions of what reform should look like.
