NORML

SEPTEMBER 6, 2022

“Americans understand that no industry can operate safely, transparently, or effectively without access to banks or other financial institutions and it is self-evident that this industry, and those consumers that are served by it, remain severely hampered without this access.".

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Marijuana Banking Retail Access 213

NORML

MAY 26, 2023

The post NORML Op-Ed: Senate Must Act on Legislation Clarifying Cannabis Banking Rules for State-Licensed Businesses appeared first on NORML. Every day that Congress fails to act needlessly jeopardizes the livelihood of these small businesses and their consumers.

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Legislation Cannabis Banking Business 174

NORML

MARCH 18, 2021

The Secure and Fair Enforcement (SAFE) Banking Act has been reintroduced in the House of Representatives by Representatives Ed Perlmutter (D-CO), Steve Stivers (R-OH), Nydia Velazquez (D-NY), and Warren Davidson (R-OH). The post House Reintroduces SAFE Banking Act To Normalize Cannabis Commerce appeared first on NORML.

Cannabis 246

Cannabis Banking Policy Business 246

NORML

MARCH 28, 2019

In the first of what is anticipated to be multiple Congressional votes to address the federal prohibition and criminalization of marijuana, the House Financial Services Committee will today voted to advance The SAFE Banking Act, HR 1595 , 45-15. So I would urge all of my colleagues so support H.R.

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Marijuana Banking Cannabis Legalization 279

Canna Law Blog

SEPTEMBER 18, 2023

I’m pretty sure that more ink has been spilled on the Secure and Fair Enforcement Act (“SAFE Banking”), than any other proposed cannabis law. Specifically, SAFE Banking was introduced in 2017 and it passed the House seven times (seven times!) SAFE Banking will finally go to mark-up this week in the Senate Banking Committee.

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Banking Cannabis Marijuana Law 72

NORML

JUNE 23, 2022

If there is a legislative version of the Twilight Zone, the SAFE Banking Act seems to be stuck in it at this point.". The post SAFE Banking Omitted from Scaled Back Version of America COMPETES Act appeared first on NORML.

Banking 174

Banking Legislation Marijuana 174

NORML

DECEMBER 7, 2021

The post SAFE Banking Language Not Included In Final NDAA Package appeared first on NORML. It is unfortunate that Congress chose to not affirm the legitimacy of state-level marijuana legalization and instead chose to deny this emerging legal industry access to basic financial tools and services.

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Packaging Banking Marijuana Legalization 210

NORML

OCTOBER 24, 2022

The NAACP resolution states: “The SAFE Banking Act could enable cannabis businesses with social equity licenses. The post NAACP Calls for the “Immediate Passage” of SAFE Banking Legislation appeared first on NORML. to better compete in the industry.".

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Legislation Banking Cannabis Business 144

NORML

DECEMBER 20, 2022

The post No Further Movement Expected on SAFE Banking, Other Marijuana Reforms in 117th Congress appeared first on NORML. "Democrats' failure and the GOP's continued resistance to any progress is out of step with voters’ opinion, is bad politics, and most importantly, it is bad public policy.".

Marijuana 163

Marijuana Banking Policy 163

NORML

SEPTEMBER 20, 2019

Majority Leader Hoyer on Friday announced that members of the House are anticipated to hold a floor vote next week on The SAFE Banking Act (HR1595), which explicitly permits banks and other financial institutions to work directly with state-legal marijuana businesses.

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Cannabis Banking Marijuana State Laws 264

NORML

SEPTEMBER 28, 2020

The latest COVID stimulus package proposed by House leadership maintains provisions permitting licensed cannabis businesses… The post Democrats’ Latest COVID Relief Package Includes Marijuana Banking Provisions appeared first on NORML.

Marijuana 246

Marijuana Packaging Banking Cannabis 246

NORML

SEPTEMBER 23, 2021

NORML Supports Swift Enactment; Stresses Need for Further Federal Reforms Washington, DC: The NDAA funding… The post House Advances SAFE Banking Act as Part of the Must-Pass NDAA appeared first on NORML.

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Banking Legislation Policy 233

NORML

FEBRUARY 4, 2022

This vote marks the sixth time that members of the House have advanced SAFE Banking to the Upper Chamber either as an amendment or as a stand-alone piece of legislation. The post House Advances SAFE Banking Act as Part of the America COMPETES Act appeared first on NORML.

Banking 173

Banking Legislation 173

NORML

MARCH 8, 2022

Sixty-eight percent of Americans say that Congress should pass legislation so that marijuana businesses can "access banking services and products in states" where it is legal. The post Poll: Nearly 70 Percent of Americans Want Congress to Allow Licensed Cannabis Businesses Access to Banking Services appeared first on NORML.

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Cannabis Banking Access Marijuana 246

Leafly

MAY 8, 2023

The post Interview: Will SAFE Banking make it through the Senate? Listen to our expert break it down on NPR. appeared first on Leafly.

Banking 136

Banking 136

NORML

MARCH 23, 2021

Senators Jeff Merkley (D-OR) and Steve Daines (R-MT), along with 27 other members of the… The post Senators Reintroduce SAFE Banking Act To Normalize Cannabis Commerce appeared first on NORML.

Cannabis 233

Cannabis Banking 233

Leafly

FEBRUARY 28, 2023

We took a look at site data from the last year to determine where Leafly readers were searching for top seed banks. The post Top seed banks visited on Leafly in 2022 appeared first on Leafly.

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Banking Data 127

NORML

JULY 23, 2019

Earlier today, the Senate Banking Committee held a hearing on the SAFE Banking Act, which would allow financial institutions to engage in activities with state-legal cannabis businesses. The hearing was entitled, “Challenges for Cannabis and Banking: Outside Perspectives.”

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Cannabis Banking Marijuana Legislation 148

Canna Law Blog

SEPTEMBER 12, 2023

Major banks like JPMorgan Chase and Wells Fargo, as well as landlords such as BentallGreenOak and Ashkenazy Acquisition Corp., Banks receiving payments from cannabis sales, and especially unlicensed cannabis dispensaries, could face regulatory penalties. Signature Bank, Bank of America Corp., See our commentary here.)

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Dispensary Cannabis Banking Recreational 65

NORML

JUNE 23, 2021

In the proposed FY22 Financial Services and General Government spending bill, which includes provisions relating… The post House Appropriations Bill Removes Anti-Marijuana Rider and Includes Banking Protections appeared first on NORML.

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Marijuana Banking 237

Cannabis Life Network

FEBRUARY 14, 2023

The cannabis industry is suing Canadian banks. Canada’s legal cannabis industry has launched a class-action lawsuit against Canada’s large cartel of banks. They allege the banks have discriminated against them by arbitrarily closing accounts and denying services and access to credit.

Cannabis 76

Cannabis Banking Marijuana Legalization 76

NORML

APRIL 8, 2022

The post Poll: Majority of Americans Support Legalizing Marijuana, Expunging Past Convictions, and Allowing Banks to Work with Cannabis Businesses appeared first on NORML.

Marijuana 227

Marijuana Cannabis Legalization Banking 227

NORML

MARCH 19, 2019

In the first in what are anticipated to be multiple Congressional hearings to address the federal prohibition and criminalization of marijuana, the House Financial Services Committee has scheduled to convene a markup on The Safe Banking Act, HR 1595 on Tuesday, March 26th. With 97.7% of the U.S. Thirty-three states, Washington, D.C.

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Marijuana Banking Cannabis Legalization 211

NORML

JULY 15, 2022

The post House Members Once Again Advance SAFE Banking Reform in Must-Pass NDAA Package, Include Cannabis Protections for Veterans appeared first on NORML. The vote marks the seventh time that House members have advanced this language to the Senate as either an amendment or as a stand-alone bill.

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Cannabis Packaging Banking Access 193

NORML

APRIL 19, 2022

The post Tell the Senate: Support Keeping SAFE Banking in America COMPETES appeared first on NORML. It's 4/20 week, and you are probably being flooded with marijuana-related promotions, ads, and invitations, but please take a moment to read this message and take action to help us change federal marijuana law.

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Banking Marijuana Law Legislation 138

The Fresh Toast

JUNE 26, 2023

Exclusive: #3 In Senate Talks About Safe Banking Patty Murray, the number 3 in the Senate, shared her view on Safe Banking and the marijuana industry. The post Exclusive: #3 In Senate Talks About Safe Banking appeared first on The Fresh Toast.

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Banking Marijuana Cannabis Legalization 68

NORML

SEPTEMBER 21, 2021

NORML maintains that the NDAA is an appropriate vehicle for the SAFE banking provisions. The post NORML Sends Letter In Support Of The SAFE Banking Act Being Attached To The NDAA appeared first on NORML. According to the American Legion, nearly 1 in 4 veterans report consuming cannabis.

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Banking Cannabis Policy 173

Cannabis Life Network

NOVEMBER 14, 2022

Legal cannabis banking in the United States is still an open question, even after the midterms. The post Legal Cannabis Banking in the US appeared first on Cannabis | Weed | Marijuana | News. Cannabis legalization became a reality in two more states last week, with Maryland and Missouri joining the ranks as the newly legal states.

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Cannabis Legalization Banking Marijuana 93

NORML

MAY 12, 2020

Included in the language of the bill is HR 1595: The SAFE Banking Act, which amends federal law so that explicitly banks and other financial institutions may work directly with state-legal marijuana businesses. Reform advocates , including NORML, had lobbied leadership to include banking reform in the latest COVID relief measure.

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Cannabis Packaging Banking Marijuana 270

Canna Law Blog

AUGUST 17, 2023

Oregon’s governor recently vetoed an effort to create a state bank for marijuana businesses, in another blow to the struggling industry. The lack of consistent, equitable access to banking has been recurring issue for Oregon marijuana businesses and those in other states.

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Marijuana Banking Cannabis Legislation 52

NORML

MARCH 8, 2019

A bipartisan coalition of more than 100 co-sponsors has reintroduced legislation in Congress, The Secure and Fair Enforcement Banking Act (SAFE Banking Act), HR 1595 , to allow state-licensed marijuana-related businesses to engage freely in relationships with banks and other financial institutions. This situation is untenable.

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Banking Marijuana Cannabis Legalization 171

Leafly

JUNE 27, 2022

The new CLIMB Act would help cannabis businesses access banking services, and list on the stock exchange. The post Meet the CLIMB Act, a new bipartisan cannabis banking bill appeared first on Leafly. It emphasizes small, minority-owned businesses.

Cannabis 127

Cannabis Banking Access Business 127

Cannabis Law Report

JANUARY 21, 2021

The post Hemp Banking, CBD Banking, and Cannabis Banking: What’s The Difference? Hemp and cannabis are technically the same plant, but in the eyes of the law, they couldn’t be more different.… … Read More. first appeared on Cannabis Law Report.

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Hemp CBD Cannabis Banking 98

Canna Law Blog

DECEMBER 9, 2021

The hopes for better and increased marijuana banking, which were tied up in the Secure and Fair Enforcement ( SAFE ) Banking Act (a serious and common sense federal marijuana banking bill), are currently dashed since the SAFE Banking Act has been left out of the Senate’s changes to the National Defense Authorization Act (“ NDAA “).

Marijuana 93

Marijuana Banking Cannabis Decriminalization 93

Cannabis Life Network

DECEMBER 7, 2022

United States Congress has declined to include cannabis banking in the NDAA (National Defense Authorization Act). The post Cannabis Banking Left out of NDAA appeared first on Cannabis | Weed | Marijuana | News. The NDAA is an annual congressional bill guiding policies and funding of federal military agencies.

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Cannabis Banking Marijuana Policy 82

Canna Law Blog

DECEMBER 6, 2022

As we blogged about last week, the SAFE Banking Act is trying to claw its way back from the dead during this lame duck session of Congress. Interestingly, on December 2, Punchbowl News reported that the Department of Justice (DOJ) issued a memo outlining its “issues” with the SAFE Banking Act. Section 280E. So, stay tuned.

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Banking Marijuana Cannabis State Laws 89

Leafly

MARCH 25, 2022

The murder of Jordan Brown has forced me to change my opposition to the SAFE Banking Act. The post Murder changed my mind: Pass the SAFE Banking Act now appeared first on Leafly. It should change Sen. Cory Booker's mind too.

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Banking Cannabis 132