Will banks catch up with cannabis legalization?
When Colorado became the first state to legalize recreational marijuana in 2012, the plant was (and continues to be) illegal at the...
- May 18
Will cannabis banking risk remain after federal recognition?
As I speak with bankers across the country who are considering launching cannabis banking programs, I am often asked about BSA/AML risk....
- Apr 15
Spence Labs Collab Helps Banks Serve Legal Cannabis Market
To provide a digital payment offering to financial institutions working with cannabis-related businesses, digital payment company Spence...
- Feb 23
Making Your Mark in Cannabis Banking
If there ever was a time for credit unions to consider cannabis, it is now.
- Feb 11
Cannabis banking draws more interest as industry optimistic on legal clarity
For years, only a small number of banks and credit unions have been willing to offer their services to the cannabis industry, giving its...
- Nov 30, 2020
Shield Compliance Welcomes Richard Drennen as Business Development Officer
Shield Compliance announced the expansion of its sales team with the addition of Richard H. Drennen as Business Development Officer....
- Nov 4, 2020
Michigan banker trail-blazes with transparency
When Michigan legalized recreational cannabis, Edith Farrell, the Bank Secrecy Act officer at Union Bank, Lake Odessa, was in staunch...
- Jan 5, 2020
Banks reluctant to serve Michigan's cannabis industry, but options exist
Conner McClain and his business partner at In Between Dreams LLC plan to open an indoor growing facility for medical marijuana early next...
- Nov 27, 2019
Could startup Shield Compliance solve marijuana banking problems?
Shield Compliance is a Seattle-based startup in "regtech" — regulatory technology, an area that's evolved out of fintech, or financial...
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