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Financial Institutions › Marijuana › Banks

Ballard Spahr LLP

32 Attorneys General call for enactment of marijuana banking legislation

Ballard Spahr LLP on

Thirty-two attorneys general representing states, territories and Washington, D.C. are asking Congress to pass legislation to provide financial institutions a safe harbor if they provide services to marijuana-related...more

Bradley Arant Boult Cummings LLP

2022 Midterms and the Future of the Safe Banking Act

Bradley Arant Boult Cummings LLP on

As the midterm elections come to an end, we revisit the future of the SAFE Banking Act and the hurdles we expect to see in the coming Congressional term. If passed, the SAFE Banking Act would remove uncertainties surrounding...more

Sheppard Mullin Richter & Hampton LLP

Federal Cannabis Reform – Is 2022 the Year?

Sheppard Mullin Richter & Hampton LLP on

Hope soared with the possibility of federal cannabis reform in 2021. And for good reason – the induction of a new, more liberal administration, rapid state-level legalization, broad support by Americans, and growing...more

Troutman Pepper Locke

Will the Fifth Time Be the Charm for the Cannabis SAFE Banking Act?

Troutman Pepper Locke on

The House of Representatives has approved cannabis banking legislation for the fifth time. Will this be the year the Senate finally approves this legislation?...more

McDermott Will & Schulte

SAFE Banking Act Passes House, Extends Cannabis Safe Harbor Protections

McDermott Will & Schulte on

First introduced in 2013, the SAFE Banking Act passed the House 321-103 Wednesday, September 25th, 2019. This bill provides safe harbor to banks and financial institutions doing business with state-legal cannabis businesses,...more

Fox Rothschild LLP

Proposed Illinois Bill Would Loosen State Regulations On Banks Providing Services To Cannabis-Related Businesses

Fox Rothschild LLP on

With momentum growing for legal adult-use cannabis in Illinois following the election of J.B. Pritzker to the governorship, the Illinois General Assembly is already proposing legislation that would loosen regulations...more

Moore & Van Allen PLLC

Will Congress Clarify Regulation of Marijuana-Related Business?

Moore & Van Allen PLLC on

President Trump piqued the interest of participants in and observers of the marijuana industry when he stated in early June that he would “probably” support recently proposed bipartisan legislation aimed at removing the...more

Blake, Cassels & Graydon LLP

Year in Review: Legislation and Guidance for Federal Financial Institutions in 2017

Blake, Cassels & Graydon LLP on

2017 marked another year of prodigious development of legislation and regulatory guidance impacting federal financial institutions in Canada. The new wave of initiatives in 2017 included the second stage of the...more

Stinson LLP

Emerging Trends Newsletter - Q4

Stinson LLP on

The Volcker Rule Under the Trump Administration - The so-called Volcker Rule—named after Paul Volcker, a former chairman of the Federal Reserve Board—was part of the Dodd-Frank Wall Street Reform and Consumer Protection...more

Robins Kaplan LLP

Your daily dose of financial news - The Brief – 6.17.16

Robins Kaplan LLP on

Dealbook’s Strategies feature reviews the Fed’s latest non-move and suggests that the current bind in which the Fed finds itself is—at least in part—a problem of its own making....more

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