Local Bank To Become First To Fully Serve Guam’s Cannabis Industry
Why it matters: Bank of Guam announced the launch of "Cannabis Banking," becoming the first institution in the region to ...
Tag: banking
Denver Cops Bust 23 Suspects Accused of Dispensary Burglaries
Why it matters: The arrest of 23 individuals involved in over 40 cannabis dispensary burglaries highlights the ongoing issue of ...
Chuck Schumer Says ‘Time Has Come’ To End Prohibition of Cannabis
Why it matters: Senate Majority Leader Chuck Schumer believes that the end of the federal cannabis prohibition is approaching, with ...
New Report on Cannabis M&A’s Highlights Industry-Wide Changes
Why it matters: The report provides insights into the current state of mergers and acquisitions (M&A) in the cannabis industry ...
SAFER Banking Act Passes Senate Committee, Moves to Floor Vote
Why it matters: The latest version of the SAFER Banking Act has cleared the Senate Banking Committee, bringing cannabis companies ...
Over Eight Hundred Banks File to Allow Cannabis Businesses, FinCEN Reports
Why it matters: The article highlights the increasing number of banking institutions that are filing to work with cannabis businesses. ...
Colorado Gov. Sends Letter to Commend Biden Administration for Making Progress on Rescheduling Cannabis
**Why it matters:** Colorado Governor Jared Polis has sent a letter to President Joe Biden in support of the U.S. ...
Oregon Governor Rejects Cannabis Banking Bill
Why it matters: The rejection of the bill to create a State Public Bank Task Force in Oregon is a ...
Mastercard Announces Ban On Debit Card Transactions For Weed Purchases
**Why it matters:** Mastercard has instructed financial institutions and payment processors to stop allowing marijuana purchases to be processed with ...
