banking reform

Senate Majority Leader Chuck Schumer and former NBA player Al Harrington, who is also the CEO of cannabis producer Viola Brands, spoke with Yahoo’s Marquise Francis about federal cannabis legalization and banking reform for the industry. The legalization of cannabis...

Senate Majority Leader Chuck Schumer (D-NY) is circulating a petition via a campaign email blast urging supporters to join him in a push to legalize cannabis, saying there is no reason why it should be criminalized on a federal level. Schumer's petition: Leveraging The...

The top Senate Democrat continues to push for federal marijuana reform. Following a meeting with a group of fellow Democratic senators to discuss the path that would push cannabis legislation toward approval in the new Congress, Majority Leader Charles Schumer (D-NY) convened with several GOP...

Starting January 2023, Euroclear will reportedly no longer support trades of cannabis stocks. One of the world's largest financial clearing houses collaborating with the majority of the 50 largest banks worldwide, informed investors about its decision last week, reported BusinessCann. UK...

Banks that service legal cannabis businesses in New Jersey soon won't need to worry about being sanctioned under state laws. A bill seeking to provide them with protections is advancing through the state legislature, reported Marijuana Moment. On Monday, the Assembly Financial Institutions...

Following Wednesday's House approval of two psychedelics research amendments, another package of bills, including banking and veterans'   access were approved, bringing the total to nine drug policy measures passed in the chamber as part of the National...

Rep. Ed Perlmutter (D-CO), House sponsor of a bipartisan marijuana banking reform bill, filed an amendment to the Fiscal Year 2023 National Defense Authorization Act (NDAA) that would be incorporated into the Secure and Fair Enforcement (SAFE) Banking Act, reported Marijuana Moment. Last...

Last month, the U.S. House of Representatives formally attached a cannabis banking reform amendment to large-scale legislation dealing with innovation and manufacturing. Following the approval of the amendment from sponsor Rep. Ed Perlmutter (D-CO) on a voice vote as part of an 'en bloc group...