Posts in tag

banking


Without the SAFE Banking Act, hemp banking rights remain in a legal gray area. The hemp industry is financially and legally vulnerable. Photo: A hemp lead sitting on a fanned-out stack of $100 bills.

Editor’s Note: Jonathan Miller is general counsel for the U.S. Hemp Roundtable. He submitted this op-ed on recent developments in hemp banking rights. -KO The hemp industry has experienced and continues to see a surge of growth and awareness nationwide. Following passage of the 2018 Farm Bill, permanently legalizing the crop and removing hemp from …

Abrigo Logo (PRNewsfoto/Agribo)

AUSTIN, Texas, Dec. 9, 2019 /PRNewswire/ — Recent U.S. regulatory moves that could make it easier for banks and credit unions to provide services to hemp producers could have more financial institutions weeding through the requirements for banking cannabis-related businesses. Abrigo, the leading technology provider of compliance, credit risk, and lending solutions for community financial …

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