Senate Majority Leader Chuck Schumer (D-NY) held a meeting with a variety of marijuana reform and other advocacy groups last week to discuss social equity issues as he prepares to introduce a much-anticipated cannabis legalization bill this year. While activists...

Stocks, in general, are experiencing their worst January since 2008, and this is weighing heavily on the cannabis sector as measured by the New Cannabis Ventures Global Cannabis Stock Index, which is down over 18% to begin the year. Cannabis stocks are generally...

Federal financial regulator Rodney Hood noted that marijuana legalization “in some form is going to happen, and the abdication of responsibility to address these issues in Washington is simply ludicrous.” By Nicolas Jose Rodriguez During an interview with PBC...

A new study examined how the legalization of cannabis at the state level affects deposits and lending activity of banks in legalizing states. After analyzing bank data over the course of several years, researchers have concluded that recreational cannabis legalization...

While marijuana businesses often struggle to find banks that are willing to take them on as clients due to risks caused by the ongoing federal prohibition of cannabis, a new study found that banking activity actually increases in states that legalize marijuana. The...