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 […]
Alaskan cannabis companies can now access basic banking services, thanks to new pilot program launched by the financial cooperative Credit Union 1. In a press conference announcing the launch of the pilot today, Credit Union 1 CEO James Wileman said the program was a response to the cash crisis facing marijuana-related businesses in Alaska. Alaska […]