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Cannabis Watch: Mitch McConnell meets with pot execs in California, pitched need for cannabis banking reform

Senate Majority Leader Mitch McConnell, a longtime opponent of reforming marijuana laws, is spending more time than usual thinking about cannabis on a trip to California this week......»»

Category: topSource: marketwatchOct 9th, 2019

Cannabis Watch: Mitch McConnell travels to California, where pot execs pitch need for cannabis banking reform

Senate Majority Leader Mitch McConnell, a longtime opponent of reforming marijuana laws, is spending more time than usual thinking about cannabis on a trip to California this week......»»

Category: topSource: marketwatchOct 9th, 2019

Cannabis Watch: Cannabis stocks mostly lower as euphoria over banking bill fades in face of tricky U.S. Senate path

Cannabis stocks turned mixed on Thursday, a.....»»

Category: topSource: marketwatchSep 26th, 2019

Cannabis Watch: Cannabis stocks mixed as euphoria over banking bill fades in face of tricky U.S. Senate path

Cannabis stocks turned mixed on Thursday, a.....»»

Category: topSource: marketwatchSep 26th, 2019

Cannabis Watch: Cannabis stocks mixed as euphoria over banking bill fades in face of tricky U.S. Senate

Cannabis stocks turned mixed on Thursday, a.....»»

Category: topSource: marketwatchSep 26th, 2019

Cannabis Watch: Cannabis stocks mixed as CannTrust hit by product return, MedMen boosted by delivery launch

Cannabis stocks were mixed on Monday, with CannTrust falling another 5% on news a customer is returning almost three million Canadian dollars worth of its weed and MedMen rallying as it launches delivery service across California......»»

Category: topSource: marketwatchAug 19th, 2019

Has The Moment For Cannabis Banking Reform Finally Arrived?

The multi-billion-dollar cannabis industry in the U.S. is largely restricted to cash-only transactions. Will Congress or technology companies be the first to provide a solution for this growing industry? read more.....»»

Category: blogSource: benzingaAug 10th, 2019

Cannabis Watch: Cannabis stocks fall ahead of Senate hearing on banking, Neptune gains on bullish GMP note

Cannabis shares were mostly lower Monday, as investors braced for a Senate hearing Tuesday on cannabis and banking, an obstacle for many companies in the new sector as long as cannabis is banned at the federal level......»»

Category: topSource: marketwatchJul 22nd, 2019

Cannabis Watch: Cannabis stocks higher as Canopy shareholders meet, CannTrust unveils California venture

Cannabis stocks were mostly higher Wednesday, as investors awaited the results of shareholder votes on Canopy Growth Corp.’s proposal to acquire Acreage Holdings Inc. with the companies hosting separate meetings that kick off at 10 a.m......»»

Category: topSource: marketwatchJun 19th, 2019

Cannabis Watch: Cannabis stocks rise as banking bill advances, investors await Canopy earnings

Cannabis stocks were mostly higher Friday, rising with the broader market after a weaker-than-expected May jobs report bolstered expectations that the Federal Reserve will cut interest rates sooner rather than later......»»

Category: topSource: marketwatchJun 7th, 2019

Plan to create special cannabis-friendly banks moves forward in California

Shut out of the traditional banking system by f.....»»

Category: topSource: latimesMay 21st, 2019

Cannabis Watch: Cronos shares weigh on cannabis sector after soft earnings fail to impress

Cronos Group Inc. shares fall after the company’s quarterly earnings fail to light a spark with investors, who are also awaiting a key congressional committee vote on a cannabis banking bill......»»

Category: topSource: marketwatchMar 26th, 2019

Wall Street Analysts await Cannabis Banking Vote in Congress This Week

FLASH: The House is likely to pass the bill, but there is a less-than-25% chance cannabis legislation becomes law. Wall Street analysts are keeping a close watch on a House committee vote scheduled Tuesd.....»»

Category: topSource: livetradingnewsMar 24th, 2019

WATCH: Interviews With Some Of The Biggest Execs From The Cannabis Capital Conference

Benzinga’s 2019 Cannabis Cap.....»»

Category: blogSource: benzingaMar 18th, 2019

Bill would allow limited-service banks for cannabis businesses

A bill before the California Senate would seek to create limited-service banks and credit unions for the cannabis industry, which is largely banned from using the regular banking system. Senate Bill 930, which would allow marijuana businesses to wri.....»»

Category: topSource: bizjournalsApr 20th, 2018

A Cannabis Banking Bill Croaks In California: What Does It Mean For Marijuana Businesses?

The marijuana initiatives that voters will decide on in November include questions on the legalization of medical marijuana in Missouri and Utah and, in Michigan and North Dakota, the legalization of recreational marijuana.  read more.....»»

Category: blogSource: benzingaSep 25th, 2018

Mitch McConnell Blocks Marijuana Banking Reform Amendment

Attempts to pass the States Act have failed once again......»»

Category: topSource: foxnewsDec 22nd, 2018

Cannabis Watch: Cannabis stocks rally after Aurora posts first earnings of December quarter

Cannabis stocks were higher across the board on Tuesday, as investors digested the first earnings reports of the season and a first look at a pot banking bill that Democrats are hoping to pass in 2019......»»

Category: topSource: marketwatchFeb 12th, 2019

Cannabis Watch: Cannabis stocks a sea of red as Green Organic’s financing woes weigh

Cannabis stocks were a sea of red on Friday, weighed down by Green Organic Dutchman’s 14% decline after it said it would cut costs and adopt a plan to reduce its financing needs as it grapples with a smaller-than-expected Canadian market.....»»

Category: topSource: marketwatchOct 19th, 2019

Exclusive: Driven Deliveries Partners With True Farma For Medical Cannabis Delivery

Driven Deliveries Inc. (OTC: DRVD), a California-based online cannabis retailer and delivery company, is partnering with medical cannabis brand True Farma LLC., according to information procured exclusively by Benzinga. read more.....»»

Category: blogSource: benzingaOct 18th, 2019

The CEO of Dick"s, which banned AR-15 style rifles last year, says he wishes Sen. Mitch McConnell would have the "guts" to address gun reform

Hollis Johnson / Business Insider Dick's Sporting Goods CEO Ed Stack supports HR8, a bill that would require background checks for all firearm sales. The bill passed in the House of Representatives in February, but Republican Senate.....»»

Category: topSource: businessinsiderOct 17th, 2019