Cannabis News Box

Alaska Sen. Lisa Murkowski wants to fix cannabis’ banking problem

Alaska Sen. Lisa Murkowski wants to fix cannabis’ banking problem

March 24, 2018

Thor Benson / Cannabis News Box Contributor Sen. Lisa Murkowski (R-Alaska) is part of a growing group of senators who are pushing to pass legislation that would allow cannabis businesses to do business...

Will California help solve the cannabis industry’s banking problem?

Will California help solve the cannabis industry’s banking problem?

December 22, 2017

Thor Benson / Cannabis News Box Contributor Everyone in the cannabis world knows the industry has a banking problem. Since cannabis remains illegal at the federal level, federally-regulated banks are...

Update: House committee blocks vote on cannabis amendments

Update: House committee blocks vote on cannabis amendments

Logan Lowrey-Rasmussen September 7, 2017

Last night, the U.S. House of Representatives' Committee on Rules blocked multiple cannabis-related amendments from a federal appropriations bill. The committee's move meant multiple amendments which...

Could a state-run bank for the cannabis industry be in Californias future?

Could a state-run bank for the cannabis industry be in California’s future?

Logan Lowrey-Rasmussen August 16, 2017

California government, financial and cannabis leaders met last week in a debate on whether a state-run bank could solve the cannabis industry’s banking problem. The 17-member group included representatives...

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