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Cannabis and banking vets launch credit card for dispensaries

Cannabis Law Report

Since the United States classifies cannabis as a Title IV drug, the banking industry is unwilling and unable to provide services to cannabis operations. There’s even a loyalty program. Wedding stayed with Harborside for 13 years, where he oversaw the dispensary’s operations, inventory management, and banking relationships.

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Duane Morris – Mondaq Article: United States: SAFE Banking Act Passes The House – Cannabis Banking May Soon Be Reality Last Updated: October 23 2019

Cannabis Law Report

The public safety concerns resulting from the dearth of cannabis banking has led dozens of state Attorneys General, the American Banking Association, and numerous other voices to urge the passage of legislation like the SAFE Banking Act so that the U.S. History of Marijuana Regulation and Banking Implications.

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The State of Cannabis Banking at a Pivotal Moment in the Industry: Q&A with Safe Harbor Services’ Amanda McComb

SpeedWeed

The SAFE Banking Act is back in Congress, and political momentum is swinging in favor of the cannabis industry’s need to normalize its relations with financial institutions. Here, we spoke with Safe Harbor Services Vice President Amanda McComb about some of the recent trends and changes that she’s seen in banking the cannabis industry.

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Kelley Drye & Warren: CBD and Hemp Legal and Regulatory Roundup – August 2021

Cannabis Law Report

A memo from the Farm Credit Administration to farm credit banks and associations on hemp financing has The National Industrial Hemp Council concerned that growers could have difficulty obtaining loans to expand their operations. s history. CStore Decisions. Farm Credit, USDA actions on lending have hemp industry concerned.

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Two States Stick the Landing on Cannabis Legalization: Week in Review

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The SAFE Banking Act is back in Congress, and political momentum is swinging in favor of the cannabis industry’s need to normalize its relations with financial institutions. Here, we spoke with Safe Harbor Services Vice President Amanda McComb about some of the recent trends and changes that she’s seen in banking the cannabis industry.

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U.S. House of Representatives approves an amendment to the Commerce, Justice, Science, and Related Agencies Appropriations bill that protects state cannabis programs against federal interference

Cannabis Law Report

House of Representatives soundly approved by a 267-165 vote an amendment protects state-legal cannabis programs from interference by the U.S. territories from implementing their adult-use and medical marijuana programs. In ‘historic vote,’ US House protects state-legal cannabis programs. We made history: U.S.

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Stockton University’s Cannabis and Hemp Research Institute to Offer Lab Testing, Education

SpeedWeed

The SAFE Banking Act is back in Congress, and political momentum is swinging in favor of the cannabis industry’s need to normalize its relations with financial institutions. Here, we spoke with Safe Harbor Services Vice President Amanda McComb about some of the recent trends and changes that she’s seen in banking the cannabis industry.