The Cannabis Financial Industry Group (CFIG) coalesces financial institutions and associated services providers serving the regulated US cannabis industry.
OBJECTIVES
Inform and advocate for federal and state policy, and the substantively enacted regulations.
Develop industry practices and standards for financial institutions and associated serving the US cannabis industry.
Educate stakeholders informing state and federal oversight on the industry best practices towards improving consistency among regulators and audits.
Cultivate partnerships with peer financial institutions that mitigate risk and expand opportunities.
Interested in More Information
General Membership is open to all banking and financial institutions. Affiliate Membership is available to service providers. For all inquires, please contact Erin Moffet via the form below.
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Releases
Industry News
July 2026
CFIG Cannabis Clips Week of Friday, July 3
Cannabis News of Note: Federal Reserve Bank of Minneapolis: Burned out on hemp The Marijuana Herald: House Speaker Mike Johnson Won’t Block Marijuana Banking Vote If GOP Support Is There, Staffers Say Maine Wire: Treasury Drops Hammer on ex-Quontic Bank Mortgager Linked to Maine’s Chinese Cannabis Houses Ganjapreneur: Lawsuit Claims Missouri Cannabis Company Deceives Customers...READ MORE »
June 2026
CFIG Cannabis Clips Week of Friday, June 26
Cannabis News of Note: MJ Biz Daily (CFIG Mention): Bipartisan lawmakers reintroduce SAFER Banking on eve of marijuana rescheduling hearings CRB Monitor: 6 States Pass Hemp Bills as Federal THC Ban Looms: Banks already balking at serving hemp businesses KCTV: Kansas City Cannabis Company faces proposed class action lawsuit over ‘cashless ATM’ scheme Cannabis Business […]...READ MORE »
June 2026
CFIG Cannabis Clips Week of Friday, June 19
Cannabis News of Note: MJ Biz Daily: Trulieve is first US cannabis company to trade on NYSE IgniteIt: Capital Still Flowing Into Cannabis, But Only For Companies That Can Scale Cannabis Business Times: Cresco Labs Closes $50 Million Revolving Credit Facility With Needham Bank Marijuana Moment: Court Ruling Provides ‘Backdoor’ Access To Bankruptcy Relief For […]...READ MORE »
June 2026
CFIG Cannabis Clips Week of Friday, June 19
Cannabis News of Note: Forbes: The Cannabis Banking Trap Hidden Inside Rescheduling (Op-Ed) Marijuana Moment: DEA Begins On-Site Inspections At Marijuana Businesses That Applied For Federal Protections Under Trump’s Rescheduling Move Marijuana Moment: DEA Picks Participants For Marijuana Rescheduling Hearing This Month, And Only Opponents Are Invited The Hill: Supreme Court rules for marijuana user […]...READ MORE »
June 2026
CFIG Cannabis Clips Week of Sunday, June 7
Cannabis News of Note: Moby: Robinhood Is Opening the Door to U.S. Cannabis With Reform On the Horizon Marijuana Moment: Congressional Committee Votes To Block Medical Marijuana From Being Covered Under Workers’ Comp For Federal Employees MJ Biz Daily (Guest Column): Cannabis payments are facing a reckoning as workarounds disappear Marijuana Moment: Trump Is Being […]...READ MORE »
May 2026
CFIG Cannabis Clips Week of Friday, May 29
Cannabis News of Note: Cannabis Law 360: Cannabis Policy Shift May Reshape Banking, Insolvency Risks (paywalled) Cannabis Business Times: SAFE Banking Act Nowhere to Be Found in Wake of Schedule III Cannabis Order Marijuana Moment: Lawmakers Push IRS To Issue ‘Prompt’ Tax Guidance For Marijuana Businesses Now That Rescheduling Is Happening Cannabis Business Times: Curaleaf […]...READ MORE »
May 2026
CFIG Cannabis Clips Week of Monday, May 25
Cannabis News of Note: NY Post: Pot Inc. may finally be inching closer to the US bank access it craves Cannabis Law360: Florida Bank Shareholder Wins Injunction Over Bylaw Changes Cannabis Business Times: FundCanna Secures Up to $60 Million Senior Credit Facility to Expand Cannabis Funding Platform TJM: The Potential Rude Awakening Of Social Consumption […]...READ MORE »
May 2026
CFIG Cannabis Clips Week of Friday, May 15
Cannabis News of Note: Marijuana Moment: DEA Announces New Marijuana Registration Forms For Manufacturing, Distribution And Testing Businesses Marijuana Moment: Congressional Committee Votes To Block Marijuana Rescheduling, Even As Trump Administration Moves Forward With The Reform Marijuana Moment: Congressional Committee Directs DEA To Crack Down On Unregulated Cannabis Products That ‘Threaten Consumer Safety’ WMTW (Maine […]...READ MORE »
May 2026
CFIG Cannabis Clips Week of Monday, May 11
Cannabis News of Note: Marijuana Moment: Marijuana Industry Banking Access Is A ‘Quandary’ That Needs To Be Solved With Legalization, Key GOP Senator Says Business Insurance: Marijuana rescheduling expected to change comp reimbursement claims Marijuana Moment: Marijuana Opponents File Lawsuit To Block Trump Administration’s Federal Rescheduling Move Marijuana Moment: Military Veterans Could Get Medical Marijuana […]...READ MORE »
May 2026
CFIG Cannabis Clips Week of Saturday, May 2
Cannabis News of Note: Marijuana Moment: State-Licensed Marijuana Businesses Can Now Apply For Federal Protections Using New DEA Form Marijuana Moment: GOP-Led Congressional Committee Votes To Block Marijuana Rescheduling, Defying Trump Business of Cannabis: Has Rescheduling Accelerated the Cannabis M&A Wave? Marijuana Moment: House Passes Farm Bill Including Hemp Provisions, But Without Delaying THC Product […]...READ MORE »
April 2026
CFIG Cannabis Clips Week of Monday, April 27
Cannabis News of Note: U.S. Treasury Department: Treasury, IRS Announce Process for Tax Guidance Following DOJ Final Order on Medical Marijuana Rescheduling American Banker: DOJ rescheduling medical cannabis may reignite bank interest (paywalled, full text below) MarketWatch: The cannabis rescheduling is causing celebration — and confusion — as marijuana stocks sell off National Law Review: […]...READ MORE »
April 2026
CFIG Cannabis Clips Week of Friday, April 10
Cannabis News of Note: Marijuana Moment: Marijuana Rescheduling Appeal Process ‘Remains Pending’ Despite Trump’s Executive Order, DEA Says In New Filing Whitney Economics Refreshes Analysis of Federal Tax Impact on Legal Cannabis Operators CRB Monitor News: Will Rescheduling Increase Cannabis Research? Marijuana Moment: West Virginia Treasurer Allocates Medical Marijuana Revenue Despite Governor’s Veto MJBiz Daily: […]...READ MORE »
Who We Are
CFIG FOUNDING BOARD AND EXECUTIVE COMMITTEE MEMBERS
