Cannabis Banking Bill

U.S. cannabis stocks jumped Wednesday following the Senate Banking Committee approval of the Secure and Fair Enforcement Regulation (SAFER) Banking Act before pulling back.  Such companies as Canopy Growth Corp (NASDAQ: CGC), Cronos Group Inc (NASDAQ: CRON),...

The Senate Banking Committee has officially scheduled a vote on cannabis banking reform for Sept. 27. The long-awaited reform  regarding how legal marijuana companies can access financial services, which started and stalled for years in Congress, will finally move ahead...

In his weekly Dear Colleague letter, Senate Majority Leader Chuck Schumer (D-NY) renewed his call to pass a cannabis banking bill before the legislative period runs out. "In the remaining months of this year, we also have an opportunity to advance legislation on a number of...