Ryan Allway February 14th, 2022 News, Top News – Transaction advances Safe Harbor’s mission to be the leading provider of compliant and reliable access to banking and financing solutions for the U.S. cannabis industry – One of the first cannabis-focused commercial lending platforms with an actionable pipeline of over... Read more

Banking is Still a Necessity for Pot Stocks In 2020, the amount…

The post The Cannabis Industry Is Still In Need Of Banking appeared first on Marijuana Stocks | Cannabis Investments and News. Roots of a Budding Industry.™.

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Banking giant closes candidate’s account after she expresses support for medical marijuana
A Florida politician who has run a pro-medical marijuana campaign said Wells Fargo & Co. closed her account over her ties to the industry, adding that the incident was an example of the challenges legal cannabis businesses face from the U.S. financial system. Nikki Fried, a Democrat running for... Read more
L.A. considering ballot initiative to fund public bank for cannabis businesses
The fate of a nascent effort to create a bank owned by the city of Los Angeles and meant to help legally-permitted cannabis businesses could be decided by voters this fall. The City Council on Tuesday will vote on whether to start the process of placing a measure on... Read more
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