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

Feds Reviewing Marijuana Banking Guidance

The Treasury Department is reviewing existing guidance that provides a process for marijuana businesses to bank without causing issues under federal law. The previous guidance from the Treasury remains in place - for now - but at a Senate hearing on Monday, Sigal Mandelker, the Treasury's deputy … Read more about Feds Reviewing Marijuana Banking Guidance