Navigating the evolving federal guidance and legislation on banking in cannabis can be difficult for banks and financial institutions. Thus, we encourage those seeking to offer financial services to MRBs to work with experienced legal counsel to ensure compliance.
The bill would decriminalize marijuana, provide for expungement of certain marijuana-related offenses, and create new grant programs.
Maine’s Independent Senator, a cosponsor of the bill, urges Senate Banking Committee Chairs to move
Since our last update in April, the landscape for financial services access has seen significant