banks

Congress Takes Initial Steps Into Cannabis Banking Legislation

This is the first hearing to be held by the new Congress that will begin tackling the issue of banking for cannabis companies. Businesses that work in states where cannabis has been legalized continue to struggle with financial institutions.

New York Is Encouraging Banks To Work With Cannabusiness

The New York Department of Financial Services (DFS) is urging state-chartered banks and credit unions to work with fully compliant medical marijuana business.

Canadian Banks Warming To Idea Of Financing Legal Cannabis

Another Canadian financial institution is considering financing cannabis, should marijuana become legal in the country later this year.

Why Las Vegas Casinos Don’t Like The Cannabis Industry

An interesting juxtaposition has developed since Nevada rolled out its recreational marijuana program. While the state has embraced cannabis, Las Vegas casinos have not.

Meet The First Major Bank To Service The Canadian Marijuana Industry

Marking a dramatic shift in previous policy, this bank will enter the cannabis space through a financial agreement with licensed Canadian marijuana company Canopy Growth.

Man Tries To Steal $7 Billion Because Jesus Wanted Him To

A Florida man accused trying to steal $7 billion from a bank because Jesus Christ wanted him to have the money, WFTV reports.