Banking

Cannabiz Countdown: Cannabis Banking Reform Makes Headway (60-Second Video)

Cannabiz Countdown: Cannabis Banking Reform Makes Headway (60-Second Video)

Your weekly rundown of the biggest news in the cannabis business.
Patrick Carone | 1 min read
The Budding U.S. Cannabis Industry Needs Normal Access to Business Banking and Insurance

The Budding U.S. Cannabis Industry Needs Normal Access to Business Banking and Insurance

Systemic barriers to basic banking and insurance services are muffling the cannabis boom much more than is generally realized.
Sarabeth Flowers Lewis | 5 min read
Why the Trend of Going Public in Canada May be Ending

Why the Trend of Going Public in Canada May be Ending

U.S. cannabis companies feel more positively than ever about the future of the industry and trading publicly here.
David Feldman | 8 min read
The Politics of Reforming Federal Marijuana Laws Increasingly Favors the Reformers

The Politics of Reforming Federal Marijuana Laws Increasingly Favors the Reformers

Business interests and public opinion clearly favor ending prohibition but the status quo still has a lot of momentum.
Jeffrey L. Smith | 6 min read
U.S. Bank Subsidiary Backs Out of Handling CBD Payment Processing

U.S. Bank Subsidiary Backs Out of Handling CBD Payment Processing

Hemp and CBD are legal but not yet legal enough for risk-adverse bankers.
Caroline Cahill | 3 min read

More From This Topic

Cannabis Banking Bill Wins Approval in Crucial House Committee

Cannabis Banking Bill Wins Approval in Crucial House Committee

The fate of the SAFE Banking Act is far from certain but there is progress to celebrate.
Jeffrey L. Smith | 4 min read
Federal Regulators Are Blocking the Cannabis Boom but Congress Keeps Them In the Way

Federal Regulators Are Blocking the Cannabis Boom but Congress Keeps Them In the Way

The Federal Reserve and FDA want Congress to clarify how to regulate a product that, strictly speaking, is prohibited.
Alex Somjen | 4 min read
With Democrats in Control, House Looks at Ending Cannabis Banking Restrictions

With Democrats in Control, House Looks at Ending Cannabis Banking Restrictions

The federal government taxes cannabis mercilessly, and all in cash.
dispensaries.com | 5 min read
Artificial Intelligence Is Changing Banking and Wall Street. Here's What to Expect in 2019.
Innovation Now

Artificial Intelligence Is Changing Banking and Wall Street. Here's What to Expect in 2019.

AI is coming to your financial institution, to make trading algorithms more reliable, lower fees and personalize financial products.
Toby Nwazor | 5 min read
Your Cannabis Company Can Get a Bank Account but Not Easily

Your Cannabis Company Can Get a Bank Account but Not Easily

Opening an account is challenging but in many states banks are increasingly accepting deposits from of cannabis companies.
Christian Hageseth | 6 min read
How to Save Outside of a Brick-and-Mortar Bank and Make More Money
Personal Finance

How to Save Outside of a Brick-and-Mortar Bank and Make More Money

Your options are far and wide when you look past the big banks.
Jeff Rose | 2 min read
Cryptocurrencies Could Solve 2 Big Problems for the Cannabis Industry

Cryptocurrencies Could Solve 2 Big Problems for the Cannabis Industry

Marijuana businesses are mostly blocked from banks and have onerous compliance obligations. Blockchain is a promising solution to both problems.
Scott McGovern | 7 min read
5 Ways Artificial Intelligence Is Already Transforming the Banking Industry
Innovation Now

5 Ways Artificial Intelligence Is Already Transforming the Banking Industry

Having a high-level understanding of the goals big banks are looking to achieve with AI can provide food for thought and inspiration for digital entrepreneurs interested in fintech.
Thomas Smale | 6 min read
She Co-Founded One of the First Investment Funds in the Cannabis Industry

She Co-Founded One of the First Investment Funds in the Cannabis Industry

U.S. banking regulations making cannabis the toughest business there is for funding and investing.
Cynthia Salarizadeh | 5 min read
New York Officials Urge Banks to Work With Marijuana Industry

New York Officials Urge Banks to Work With Marijuana Industry

New York state officials, including the governor, have gone on the record saying cash-only businesses are a public safety problem.
dispensaries.com | 3 min read