The Federal Reserve takes a look at the growth of the marijuana industry

Posted by - January 10, 2020

The continued growth of cannabis legalization is drawing more attention from regulators The Federal Reserve Bank of Kansas City, based on observing Colorado’s marijuana market, has given its opinion regarding the future for the cannabis industry after conducting a review of the industry. According to the agency, as legalization increases, the industry will do so

Fed presidents push for marijuana banking

Posted by - April 4, 2019

The SAFE Act will help, but financial authorities want an answer now If the SAFE Act is approved this year, it will go a long way toward helping marijuana companies receive rightful access to financial services. The problem is, previous attempts to authorize similar legislation have failed and the marijuana community – as well as

Fed chairman joins push for federal marijuana clarification

Posted by - February 28, 2019

Discrepancies between state and federal laws are hindering growth Conflicting laws on the state and federal levels are suppressing the marijuana industry. More lawmakers and political figures are growing impatient at what they view as delays in the legislative process and are pressing the federal government to take action. The head of the U.S. Federal