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Hemp banking in the USA

Further Clarification On Hemp Banking In The USA

New guidance published this week states banks are no longer required to file suspicious activity reports (SARs) in relation to customers involved in the...
Cannabis Banking - SAFE Act

Cannabis Banking Act Clears House Hurdle

The U.S. House of Representatives voted in favour of the SAFE Banking Act last week, a decision welcomed by the country's cannabusiness sector and supporters. Under...
Cannabis banking hearing

U.S Senate Committee Hears Testimony On Cannabis Banking Crisis

The U.S. Senate Committee on Banking has heard the challenges the nation's cannabis industry has faced in accessing mainstream financial services. Under the Controlled Substances...
Cannabis banking in the USA

Attorney Generals Collaborate On U.S. Cannabis Banking Crisis

A bipartisanal group of state attorney generals have urged Congress to allow cannabusinesses in legal adult-use and medical cannabis states access to banking systems. As...
Hemp banking in Wisconsin

Wisconsin Bankers Cautiously Embracing Hemp Businesses

The attitude of Wisconsin banks toward hemp businesses appears to have changed to some degree om the past year, but there's still a lot...
Hemp banking in the USA

NCUA: U.S. Hemp Businesses Can Bank With Credit Unions

The USA's National Credit Union Administration says federally insured credit unions are able to provide some financial services to hemp businesses operating legally. The 2018...
Cannabusiness insurance in the USA

Bill Tackles Insurance Coverage For Cannabusiness In The USA

A newly introduced bipartisan bill seeks to enable marijuana businesses in the USA to gain - and retain - insurance coverage. While legal marijuana (medical...
USA banks and the hemp industry

American Bankers Association Seeks Guidance On Hemp

The ABA has written to heads of U.S. financial regulatory agencies calling for greater clarification on if and how banks in the country can...
Cannabusiness banking in the USA

Survey: U.S. Bankers Warming Up To Cannabis

A recent survey reveals 82% of the executives surveyed at 453 unique banks in the USA want to do business with marijuana enterprises. The nationwide...
Nikki Fried - industrial hemp in Florida

Florida Hemp Bill Passes Senate – Heads To Governor

Florida Department of Agriculture and Consumer Services Commissioner Nicole “Nikki” Fried has lauded the passing of Senate Bill 1020, which will establish an expanded...