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Cannabis Banking

106 published works

  1. Budding Trends

    The Vault Is Still Locked: A Banking Update on Cannabis Rescheduling

    By Whitt Steineker

    There's a scene near the end of every heist movie where the crew finally cracks the vault and it's empty. Somebody already got there first, or the money was never…

  2. Budding Trends

    Will the Marijuana Industry’s Access to Banking and Capital Markets Expand with Rescheduling?

    By Whitt Steineker

    This is the third of 13 posts describing the impacts of marijuana’s rescheduling. An homage to Phish’s historic run at Madison Square Garden in the Summer of 2017, Budding Trends…

  3. The Blunt Truth®

    The Week in Weed: September 6, 2024

    By Susan Ryan

    Welcome back to The Week in Weed, your Friday look at what's happening in the world of legalized marijuana. First, we have an update on the Missouri rules dealing with…

  4. Green Leaf Brief

    Marijuana Reclassification Impacts Bank Servicing of Businesses

    By Aaron P. Kouhoupt, McGlinchey

    The Department of Justice’s move to reclassify marijuana as a less dangerous drug, on which it began formal proceedings on May 16, won’t legalize state-level adult-use and medical marijuana unless it’s produced,…

  5. The Blunt Truth®

    The Week in Weed: March 29, 2024

    By Susan Ryan

    Welcome back to The Week in Weed, your Friday look at what's happening in the world of legalized marijuana. This week, we see Janet Yellen expressing support for the SAFE…

  6. Canna Law Blog

    Banking for Cannabis Growers

    By Canna Law Blog

    If you own a cannabis business, a major consideration is where to keep your money. Though many business owners may find banking to be a headache regardless of industry, few…

  7. Cannabis Law Blog

    Cannabis Banking Bill Faces Challenges as 2023 Ends, Hopes for Passage in 2024

    By Tim Trunzo

    In 2023, historic strides were made in the efforts to pass federal legislation to protect financial institutions that do business with the cannabis industry. The SAFE Banking Act is a…

  8. Cannabis Law Now

    Cannabis Banking: What’s a Financial Institution to Do Right Now?

    By Former Attorney Hilary Bricken

    When I started representing cannabis businesses in 2010, the biggest epidemic in the industry next to I.R.C. 280E was the overwhelming lack of cannabis banking. This inability to access financial…

  9. Canna Law Blog

    Cannabis Banking Today

    By Vince Sliwoski

    We are helping build out another marijuana banking program here in Oregon. My law firm has done a series of these for credit unions (“CU”s) and other financial institutions (“FIs”)…

  10. Consumer Financial Services Law Monitor

    Chronic Payments: Unraveling the Complexities of Cannabis Banking

    By Keith J. Barnett, Carlin McCrory, Jean Smith-Gonnell, Agustin Rodriguez

    In the latest episode of Payments Pros, hosts Keith Barnett and Carlin McCrory are joined by Jean Gonnell and Agustin Rodriguez, co-leaders of Troutman Pepper’s Cannabis practice, to discuss the…