Industry News

Cannabis News of Note for the Week: Politico Pro Cannabis: Cramer Expects SAFE Banking Vote on Sept. 27 (paywalled newsletter, full text below) Marijuana Moment: Key Senate Committee Officially Schedules Marijuana Banking Vote NBC News: Republicans soften on federal marijuana reform in a shift that could make it a reality MJ Biz Daily: Non-revenue-generating cannabis

Cannabis News of Note for the Week: Green Market Report: Cannabis Wins The Title For Most Capital Intensive Industry Cannabis Wire: Federal Cannabis Review Reaches Milestone as HHS Recommends Schedule III Reclassification Green Market Report: Wall Street’s Hopes for Cannabis Just Got Higher MJ Biz Daily: Opinion: Cannabis businesses could recoup millions on exit, thanks to ‘280E […]

Cannabis News of Note for the Week: NAIC Publishes Updated Cannabis Insurance White Paper Marijuana Moment: Maryland Is ‘Craftily’ Coding Marijuana Tax Revenue In Obscure Terms To ‘Protect’ Wells Fargo, State Official Says   Cannabis Reports of Note for the Week: Congressional Research Service: FDA’s Oversight of Hemp-Derived Compounds International Journal of Drug Policy: Medical […]

Cannabis News of Note for the Week: Punchbowl News: What else can Schumer do? (newsletter from 8/7, text below) Baltimore Banner: Mastercard shut down debit card cannabis purchases. Why that could put dispensaries at risk. MJ Biz Daily: Marijuana industry spends millions lobbying as shutdown threatens SAFE Banking   Cannabis Reports of Note for the […]

Cannabis News of Note for the Week: Independent Banker: How Banks Can Approach Cannabis Compliance Cannabis Net: Mastercard Banning Marijuana Purchases Is The Best Thing That Could Happen to the Weed Industry? Politico Pro Cannabis: Where SAFE Banking Stands (paywalled newsletter, full text below) Bloomberg: Schumer Wants Action on Budget, Weed, Insulin and Rail Safety […]

Cannabis News of Note for the Week: Cannabis Business Times: Cannabis Financial Industry Group Releases Cannabis Banking Standards Marijuana Moment: As Marijuana Banking Bill Awaits Congressional Action, Financial Coalition Offers Advice To Banks Looking To Service The Industry Cannabis Wire: Cannabis banking group releases standards resource. Marijuana Moment: Schumer Says Work Continues On Marijuana Banking […]

Read full text here.

Read full text here.

Read full text here.

Read the full text here.

CFIG’s Cannabis Banking Standards document can be found here.

FOR IMMEDIATE RELEASE July 13, 2023 CONTACT: Erin Moffet, Erin@TheLiaisonGroup.com, (276) 698-4856  Cannabis Financial Industry Group Releases Cannabis Banking Standards as SAFE Banking Debate Continues in Congress Washington, D.C. – Today, the Cannabis Financial Industry Group (CFIG), a coalition of financial institutions and associated risk mitigating service providers serving the regulated U.S. cannabis industry, announced […]