Tag: banking

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Legislation allowing banks to serve the cannabis business is gaining momentum

Legislation allowing banks to serve the cannabis business is gaining momentum

Cannabis banking can be conducted safely and efficiently, according to one Oregon-based credit union The push for legislation that would allow banks to do business with cannabis companies without the risk of federal enforcement action is gaining momentum, and credit unions are playing a key role. The National Association of State Treasurers adopted a resolution...

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Congressional Committee Approves Marijuana Banking Bill

Congressional Committee Approves Marijuana Banking Bill

A congressional committee voted on Thursday to approve legislation aimed at increasing marijuana businesses’ access to banks. Following multiple days of lengthy debate and consideration of several amendments, the House Financial Services Committee voted 45 to 15 to advance the legislation to the full body. Floor action has not yet been scheduled, but cannabis reform advocates are hopeful that...

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5 factors to consider before hiring a wealth manager

5 factors to consider before hiring a wealth manager

Wealth management is a service that is provided by wealth management companies where professional experts will provide financial, investment, tax advice. These experts also provide plans for a good retirement and estate planning. The investors will work with a wealth manager, who will provide information that they will get from various financial experts and it...