The cannabis industry continues to face a fundamental challenge: access to the regulated banking system. Despite legalization (adult use and/or medical) in dozens of states, cannabis remains federally illegal, leaving...more
7/31/2025
/ Banking Sector ,
Cannabis-Related Businesses (CRBs) ,
Financial Institutions ,
Financial Services Industry ,
Legislative Agendas ,
Marijuana ,
New Legislation ,
Proposed Legislation ,
Regulatory Oversight ,
State and Local Government ,
State Attorneys General
The U.S. Supreme Court has ruled that federal government agencies can be held liable under the Fair Credit Reporting Act when they fail to investigate or correct inaccurate information furnished to credit reporting agencies....more
2/14/2024
/ Consumer Information ,
Consumer Reporting Agencies ,
Consumer Reports ,
Credit Ratings ,
Department of Agriculture Rural Development Rural Housing Service v Kirtz ,
Fair Credit Reporting Act (FCRA) ,
Financial Services Industry ,
Government Agencies ,
SCOTUS ,
Sovereign Immunity ,
USDA
Federal regulators are focusing in on medical credit cards and financing plans and the roles that healthcare providers have in facilitating them. The Consumer Financial Protection Bureau (“CFPB”) is a federal agency charged...more