Wednesday, December 18, 2024

banking

News

New Mexico Credit Union First In Nation To Set Up Protocols For Cannabis Banking, Blow To Illicit Dealers

Benzinga Staff Writer -
This is an important first step in partnering with legally compliant businesses in the marketplace.
News

Visa Warns It Will Crack Down On Cashless ATM ‘Scheme’ By Cannabis Retailers

Benzinga Staff Writer -
Visa’s warning comes on the heels of the marijuana banking reform bill that was recently chopped from Congress’ defense bill.
News

Marijuana Banking Reform: Millions Seek Banking Services Via Defense Act

Benzinga Staff Writer -
The SAFE Banking Act has been approved in the House five times, yet on each occasion has fizzled out in the Senate.
Cannabusiness

Cannabis Companies And Taxes: Advice From The IRS

Benzinga Staff Writer -
Here is what the 159-year-old government body that was basically set up to fund the Civil War has to say to cannabis companies about paying their taxes.
News

Will Cannabis Banking Reform End Up On Biden’s Desk Along With The Defense Bill?

Benzinga Staff Writer -
The SAFE Act would allow banks to do business with cannabis companies without being penalized by federal regulators.
News

US House Passes SAFE Act As Part Of Defense Spending Bill

Benzinga Staff Writer -
The amendment would allow banks to do business with cannabis companies without being penalized by federal regulators.
Cannabusiness

How To Get A Bank Loan For Cannabis Real Estate Before SAFE Banking Passes

Benzinga Staff Writer -
We are seeing more banks willing to quietly and discreetly lend to cannabis companies.
Cannabusiness

7 Challenges Facing The Cannabis Industry In 2021

Green Market Report -
Every niche market and curated head shop raises the industry to new heights, and experts estimate the market will be worth $73 billion by 2027.
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