Robert Baron

Ever wonder how financial institutions work with cannabis businesses? A new comprehensive report, released by the Financial Crimes Enforcement Network (FinCEN), provides up-to-date details and a state-level breakdown. FinCEN, a division of the U.S. Department of the Treasury, is offering new...

The National Association of State Treasurers (NAST) reaffirmed its support for the SAFE Banking Act, which would grant marijuana companies access to traditional banking services. Though NAST does not take a position on cannabis legalization, the bipartisan treasurers support...

Pasadena Service Federal Credit Union and StandardC will form a social equity program to help underserved cannabis companies gain fair access to banking and financial services. Despite delays on the part of the U.S. Congress to pass cannabis banking reforms and broader legislation for...

A marijuana banking and financial services provider, StandardC, announced Wednesday that its lending partner had closed the first $5 million loan from their newly established $200M fund for a marijuana cultivator using the company’s platform. The San Francisco, California-based company noted...