Cannabis News Box

http://marijuanastocks.com/4-marijuana-stocks-to-keep-an-eye-on-heading-into-2018/

Cannabis stocks took a trip south in January

Bethan Rose Jenkins, Cannabis News Writer/Editorial February 7, 2022

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...

21 U.S. governors confirm support for cannabis banking by signing letter to Congress

21 U.S. governors confirm support for cannabis banking by signing letter to Congress

Bethan Rose Jenkins, Cannabis News Writer/Editorial November 14, 2021

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...

https://www.notebookcheck.net/House-Appropriations-Committee-slaps-down-Trump-s-ZTE-support.303740.0.html

U.S. House promotes cannabis banking reform as part of defense bill

Bethan Rose Jenkins, Cannabis News Writer/Editorial September 30, 2021

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...

https://marijuanastocks.com/banking-in-the-marijuana-industry/

Merrill Lynch is gearing up to accept more clients with cannabis-related assets

Bethan Rose Jenkins, Cannabis News Writer/Editorial September 13, 2021

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...

https://www.marijuana.com/news/2017/12/whoa-cannabis-business-owner-actually-gets-his-seized-assets-back/

U.S. Senate revives cannabis banking reform effort

Bethan Rose Jenkins, Cannabis News Writer/Editorial March 31, 2021

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...

Dem-led Senate could ignite cannabis reform efforts, say industry experts

Dem-led Senate could ignite cannabis reform efforts, say industry experts

Bethan Rose Jenkins, Cannabis News Writer/Editorial January 14, 2021

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...

https://marijuanastocks.com/banking-in-the-marijuana-industry/

House looks set to approve cannabis banking bill, Senate approval could be difficult

Financial firms that deal primarily with the hemp industry also stand to be protected by the SAFE Banking Act
Bethan Rose Jenkins, Cannabis News Writer/Editorial October 1, 2019

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...

https://marijuanastocks.com/banking-in-the-marijuana-industry/

Legal cannabis companies in the States are being dismissed by Canadian banks

Bank executives in Canada claim that they are not likely to get involved with American cannabis industry players until laws are changed at the federal level
Bethan Rose Jenkins, Cannabis News Writer/Editorial April 18, 2019

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...

https://www.cannalawblog.com/a-refresher-and-an-update-the-marijuana-states-act/

Congress is making progress on federal cannabis legalization

Bethan Rose Jenkins, Cannabis News Writer/Editorial April 9, 2019

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...

https://www.sfchronicle.com/business/article/California-Senate-passes-bill-to-create-banks-for-12955590.php

Independent Community Bankers of America (ICBA) supports cannabis banking bill

With the SAFE Banking Act, a “safe harbor” can be provided for depository institutions that offer covered businesses with a “financial product or service"
Bethan Rose Jenkins, Cannabis News Writer/Editorial June 26, 2018

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...

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