SAFE Banking Act Passes in the House

  Late Wednesday, the U.S. House of Representatives passed the first-ever self-contained cannabis bill, clearing H.R.1595 – or the  Secure And Fair Enforcement Banking Act of 2019 (“SAFE Banking Act”) – in a bipartisan 321-103 vote. Introduced by Colorado Representative Ed Perlmutter (D) … Read more about SAFE Banking Act Passes in the House

New York City Bans CBD-Infused Consumables

  New York City officials are taking a firm stance in the regulation of cannabidiol (“CBD”) products. Earlier this week, the NYC Department of Health (“DOH”) issued bans against CBD-infused food and drinks as a part of a citywide initiative. The New York DOH visited and inspected eleven … Read more about New York City Bans CBD-Infused Consumables

Colorado Credit Union Receives Conditional Approval for Cannabis-Related Banking

A Colorado-based credit union has won conditional approval to launch its business serving marijuana-related ancillary companies, advocacy groups, and charities. After more than three years of fighting in court, the Federal Reserve Bank of Kansas City provided The Fourth Corner Credit Union a letter … Read more about Colorado Credit Union Receives Conditional Approval for Cannabis-Related Banking