Banks and credit unions know that banking the cannabis industry is important and profitable. Hypur makes it faster, safer, scalable, and more lucrative. ...
Category: Financial Institutions
Does New Federal Guidance Ease Hemp Banking Issues?
Federal regulators released guidance for banking hemp businesses, which became legal under the Farm Act. But there are still risks to consider....
The Reality of Federal Cannabis Legalization
For merchants and consumers, federal cannabis legalization seems like a dream come true. But what would that reality actually look like?...
Marijuana Related Businesses (MRBs): Tiers and Their Impacts
Whether you run a Tier I marijuana related business (MRB) or partner with a tier ii MRB, there are important things you should know. Let us explain....
Marijuana Banking: The Prospects for Legal Protection
In this article John Vardaman explains the landscape of the current legal protections for those in the marijuana banking industry. As New York considers legalizing the recreational use of marijuana......
A Year After Cole Memo Rescission and Marijuana Banking Goes On
On January 4, 2018, then Attorney General Jeff Sessions announced the rescission of the Cole Memo, the document that set out the DOJ’s “hands off” approach to state-legalized marijuana, including…...
The State of Cannabis Banking – 2018
According to a report released by the Financial Crimes Enforcement Network (FinCEN) for the period ending June 30, 2018, there are 441 U.S. depository institutions providing banking services… ...
Cannabis Banking – Separating Fact from Fiction
In this video from the Green Market Summit, Hypur’s EVP of Business Development, Tyler Beuerlein and EVP of Banking Compliance, Andre Hererra, discuss the economics of cannabis banking…...
