January 19, 2021

With Biden in… progress on cannabis seems imminent

Fincann CEO Nathaniel Gurien tells NJ Cannabis Insider readers to “faster [their] seatbelts,” with federal legalization moves potentially on the way. Visit the Fincann blog for more insights on the Biden administration and cannabis.
December 9, 2020

MORE Act Passes in the House

“Passage of the MORE Act will help more [banks] feel that perhaps [cannabis is] trend[ing] toward mainstream acceptance and therefore expand access to banking,” said Fincann CEO Nathaniel Gurien.
November 9, 2020

Fincann CEO Nathaniel Gurien pens op-ed for The Marijuana Times

The Marijuana Times published an op-ed penned by Fincann CEO Nathaniel Gurien about pervasive misinformation about cannabis banking: “The nub of largely mainstream conservative bankers’ resistance to supporting our industry lies in their fundamental belief in the prevailing, demonizing propaganda.”
April 22, 2019

Congress Weighs New Banking Laws That Could Light Up The Pot Business

[FINCANN CEO Nathaniel] Gurien [believes that] the law won’t dispel the stigma that the conservative-leaning, risk-minded boards of many financial institutions have toward the topic of marijuana. The only measure that could prompt such a shift in thinking, he says, is “de-scheduling cannabis as a Schedule I drug.”
April 22, 2019

Hemp Companies Left Looking For Bank Alternatives

“This was the first time the CBD and hemp industry could look forward to stable merchant processing services, and (Elavon’s) decision to exit means we could go back to some of the back door, tortured, overpriced solutions that the industry had been laboring under.”
January 22, 2019

Cannabis Cash Concerns

The [banking] issue stems from reluctance on the part of financial institutions to work with businesses related to marijuana sales in any way—even when those businesses are located in states that have legalized cannabis.