Access Banking State Laws 
NORML
MARCH 20, 2020
In short, federal anti-drug laws continue to define the state-authorized cannabis industry, and those who work in it, as drug felons. That is why these businesses continue to face undue discrimination under federal law, including the lack of access to banking services and a prohibition of standard business tax deductions.
NORML
FEBRUARY 27, 2019
Currently, almost none of the businesses operating in the cannabis space can legally obtain a bank account, process a credit card, or take a standard business deduction on their federal taxes. Not to mention it would mark the end of the failed and shameful criminalization of cannabis possession by otherwise law-abiding adults.
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Cannabis Law Report
JUNE 4, 2021
These multi state operators (MSOs) need to take the specific requirements of each state into account in every aspect of their business, from product types offered to how they bank. What are some of the issues that impact an MSO’s ability to access banking? What are multi-state operators?
NORML
JANUARY 19, 2020
The bill would prohibit employers terminating an employee for the employee’s lawful off-duty activities that are lawful under state law even if those activities are not lawful under federal law, such as consuming cannabis. Send a message to your lawmakers in support of medical marijuana access.
Canna Law Blog
DECEMBER 5, 2019
The tides have been rapidly changing for hemp companies to gain access to banking, which has not traditionally been available to hemp companies due to the fact that hemp was (sort of) federally illegal until about a year ago. Therefore, it’s not yet clear whether banks will service clients engaged in those activities.
NORML
APRIL 5, 2019
Legislation is pending, Senate Bill 305, to permit qualified patients the ability to access medical cannabis preparations while in health care facilities. Click here to email your lawmakers in support of expanded medical access. Under state law, adults face civil penalties for minor marijuana possession offenses.
Canna Law Blog
APRIL 14, 2019
The SAFE Banking Act just got a new, prominent supporter – on April 9, 2019, Treasury Secretary Steven Mnuchin pledged to take a look at the legislation that would allow financial institutions to service cannabis businesses. As we’ve previously written about, there have been several calls for clarity on this banking issue.
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