Report: More Banks Providing Services to Cannabis-Specific Businesses | NORML WASHINGTON, DC — A growing number of banks and credit unions are providing financial services to marijuana-related businesses, according to data released by FinCEN (the US Treasury Department’s Financial Crimes Enforcement Network) and first publicized by the news portal MarijuanaMoment.net. The report acknowledged that the number of financial institutions […]
Bill Filed in US Senate to Give Cannabis Industry Access to Banks | The Daily Chronic Staff WASHINGTON, DC — A bipartisan group of Senators led by Jeff Merkley (D-OR) have introduced legislation in the United States Senate that would ensure legal cannabis businesses can access banking services. Joining Sen. Merkley as co-sponsors of the measure are […]