October 24, 2015 Cannabis Banking Efforts Take Another Blow The legal cannabis industry took another financial blow this week after the U.S. Federal Reserve announced that chartering a bank specifically for funds from cannabis businesses is “criminal.”
July 30, 2015 Federal Reserve Denies Credit Union for Cannabis Banking regulators just said no to a financial institution that aims to be the first to serve the expanding marijuana industry in Colorado.
Medical December 9, 2014 Colorado OKs Marijuana Credit Union Colorado's marijuana businesses have a cash flow problem: Too much cash is flowing in and they've nowhere to put it.