Colorado’s Marijuana Industry Will Soon Have Its Own Credit Union

It looks as if the marijuana industry in Colorado will finally have a place to stash their cash in order to carry out transactions like any other legal businesses on the planet due to the recent granting of a c...

U.S. Banks Warm Up to Marijuana Businesses

Banks were once prohibited from doing business with even legit collectives in medical marijuana states like California. The Department of Treasury’s Financial Crimes Enforcement Network issued guidelines in Feb...

U.S. House Votes to Support Marijuana Banking

The U.S. House of Representatives yesterday passed an amendment that should put banks more at ease when it comes to accepting cash from dispensaries in legal-marijuana states.The 231 to 192 vote is largely ...
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Business News: Congressman Introduces Bill To Address Marijuana-Business Banking Crisis

Colorado State Representative Ed Perlmutter has publicized proposed legislation that would address the mounting banking calamity for regulated, state-legal marijuana businesses that are regularly denied access ...