Saturday, April 20, 2024

banking

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

This is an important first step in partnering with legally compliant businesses in the marketplace.

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

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

Marijuana Banking Reform: Millions Seek Banking Services Via Defense Act

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

Cannabis Companies And Taxes: Advice From The IRS

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.

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

The SAFE Act would allow banks to do business with cannabis companies without being penalized by federal regulators.

US House Passes SAFE Act As Part Of Defense Spending Bill

The amendment would allow banks to do business with cannabis companies without being penalized by federal regulators.

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

We are seeing more banks willing to quietly and discreetly lend to cannabis companies.

7 Challenges Facing The Cannabis Industry In 2021

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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