Your TakeNovember 1, 2023
Opening a cannabis banking account involves more stringent compliance controls and longer timeframes.
Tag: cannabis banking
Your TakeNovember 1, 2023
John SchroyerSeptember 20, 2023
The bill, which has bipartisan support, is slated for a hearing in the Senate Banking Committee next week.
John SchroyerSeptember 19, 2023
A record number of banks, credit unions and financial institutions are providing services to state-legal cannabis companies, according to recent statistics from the U.S. Treasury Department. The agency’s Financial Crimes Enforcement Network – which tracks suspicious activity reports (SARs) filed by banks, and thus calculates the minimum number of banks working with marijuana companies – […]
John SchroyerMarch 22, 2023
But SAFE doesn't appear to be enough for some Democratic leaders.
John SchroyerFebruary 23, 2023
Green Check's revenue nearly doubled in 2022.
John SchroyerOctober 10, 2022
Descheduling or some rescheduling options could open the door to more funding opportunities.
StaffOctober 3, 2022
The Daily Hit is a recap of cannabis business news for October 3, 2022. ON THE SITE SEC Charges Eight In Cannabis Stock Promotion Scheme Elegance Brands, Emerald Health Pharmaceutical, and High Times are accused of a stock promotion scheme – The Securities and Exchange Commission announced on September 30 that it had charged eight […]
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