Amid the realization that hopes are fading for federal cannabis legalization, market traders have acknowledged a loss in the value of U.S. cannabis stocks.
Attracting awareness to the issue was AdvisorShares...
In a bold move that could push things in the right direction for banking-starved cannabis companies, 50 of the nation’s governors have inked a promising letter that was sent to Congressional leaders...
On Tuesday, September 22, the U.S. House of Representatives adopted a cannabis banking amendment by a voice vote. The amendment will be included in this year’s defense budget bill.
Although the...
World-renowned wealth management firm Merrill Lynch is adopting a more relaxed stance towards cannabis-related businesses. According to a recent report, the firm is planning on accepting more clients that...
Just one week after the U.S. House of Representatives reintroduced a chunk of pro-cannabis banking legislation, a corresponding bipartisan measure gained some traction in the Senate.
Cannabis industry...
Democrats recently celebrated a victory that granted the political party majority control of the U.S. Senate. A situation like this hasn't occurred since 2010.
With fresh polls showing that Democratic...
Less than a week ago, the Democratic-steered House of Representatives voted in favor of a bill's passing that would safeguard banking institutions involved in the cannabis industry.
This is a victorious...
America is edging closer to cannabis reform. So far, 33 U.S. states have legalized cannabis for medical purposes, and 10 U.S. states and Washington D.C. have legalized the plant for adults aged 21 and...
Congress may finally be taking action on two integral measures for federal cannabis reform.
The chairman for the House Rules Committee has vowed to achieve a full House vote for the Strengthening the...
A cannabis banking bill authored by U.S. Reps. Ed Perlmutter (CO-07) and Denny Heck (WA-10) has received support from the Independent Community Bankers of America (ICBA).
If approved and passed, the...
