Banking
April 17, 2025
Adam Jackson
Adam Jackson
Safe Harbor Financial, FundCanna team up to tackle cannabis banking headaches
The new partnership wants to solve the typical cannabis cash crunch for businesses through a referral deal.
February 24, 2025
John Schroyer
John Schroyer
New Jersey has yet to spend $6 million in cannabis taxes earmarked for social equity
The fee that funds the program was just increased to $2.50 per ounce of flower.
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2min
0
February 6, 2025
Debra Borchardt
Debra Borchardt
NY OCM provides banking directory for licensees
The banks are mostly located in New York with a couple in nearby states.
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4min
0
January 29, 2025
Adam Jackson
Adam Jackson
Safe Harbor Financial CEO to step down, successor named
The cannabis banking firm tapped an industry turnaround expert as new chief executive as Seefried plans retirement.
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2min
0
January 29, 2025
Debra Borchardt
Debra Borchardt
Safe, Safer, Safest? Cannabis banking bill isn’t dead
Unfortunately, the Farm Bill is not seen as an urgent item for politicians to address.
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7min
0
January 28, 2025
Adam Jackson
Adam Jackson
Cannabis wants to join the list of ‘debanking’ victims, but it’s not so simple
The Trulieve CEO is trying to paint the cannabis sector as a victim of partisan efforts by large financial institutions.
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9min
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October 17, 2024
Adam Jackson
Adam Jackson
US cannabis industry poised for massive expansion – and financial institutions could profit from it
Lenders could stand to gain between $1 billion and $2.4 billion per year in interest revenue.
3
5min
0
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