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Bankers have become more uncertain about how to serve marijuana businesses owing to confusion about which states deem them essential.May 27
Senior AdviserFS Vector -
The pot banking bill is a long shot after recent criticism by the Senate Banking chairman, but bankers are trying a new argument in a last-ditch effort to sway lawmakers.January 26
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Sen. Mike Crapo delivers a crushing blow to pot banking efforts; the CFPB draws notice for its lack of fair lending enforcement; Rep. Maxine Waters says she will call on Wells Fargo board to testify next year; and more from this week's most-read stories.December 20
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After Senate Banking Committee Chairman Mike Crapo poured cold water on legislation enabling banks and credit unions to serve the marijuana industry, several key supporters of the effort are pushing back.December 19
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The Senate Banking Committee chairman said he opposed a House bill that would give financial institutions legal cover to serve cannabis businesses.December 18
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Building capital will help the mortgage agencies move toward the private sector; Virtual Wellness needs to assure banks it's safe to do business with them.September 23
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Protections for industrial hemp were added to a cannabis banking bill that is expected to get a full House vote next week.September 20
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The Banking Committee chairman's comments have advanced legislative efforts, but questions remain about where he'll take the issue.September 13
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Nonbank lenders Monroe Capital and MGG Investment Group have made a combined $115 million of loans to firms that make cannabidoil and supply products to the cannabis and hemp industries.August 26
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Despite the Senate Banking Committee’s willingness to discuss the issue, Republican support for legislation is still in question.July 23
