Banking Related Topics 
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. Banking NAACP polling SAFE Bankingto better compete in the industry.".
NORML
MAY 19, 2020
In their letter , AGs opine: “The current predicament of a rapidly expanding national marketplace without access to the national banking systems has resulted in an untenable situation. 2020 Banking Congress Attorney Generals banking safe
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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. No industry can operate safely, transparently, or effectively without access to banks or other financial institutions. Our federal banking laws were designed to prevent illicit activity and help law enforcement do their jobs.
NORML
DECEMBER 20, 2022
The post No Further Movement Expected on SAFE Banking, Other Marijuana Reforms in 117th Congress appeared first on NORML. ACTIVISM Congress expungement featured HOPE Act SAFE Banking Schumer
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.
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.
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). Banking Business Policy
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.
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. Banking COVID-19 News Releases Policy
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. Appropriations Banking Congress GOVERNMENT LEGISLATION Policy
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. ACTIVISM Banking Congress Policy Federal SAFE Banking
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.
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.” Senator Jeff Merkley, the lead sponsor of the SAFE Banking Act. ” 2019 Banking GOVERNMENT
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. Industry Politics banking cannabis banking legalization social equity
NORML
APRIL 19, 2022
The post Tell the Senate: Support Keeping SAFE Banking in America COMPETES appeared first on NORML. ACTIVISM cannabis committee COMPETES Act Conference Congress legislation marijuana NORML robbery SAFE Banking Senate Small Business TakeAction
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.
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. Politics cannabis banking cannabis crimes cannabis jobs Cory Booker SAFE Banking Act The Haymaker
The Blunt Truth
DECEMBER 7, 2022
The SAFE Banking Act is no longer in the National Defense Authorization Act and therefore will not pass in this Congress. Banking federal legalization NDAA safe banking act
Project CBD
FEBRUARY 2, 2022
“If the hemp market is to grow and mature, we need to think beyond cannabinoids
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. ACTIVISM Polling expungements legalization poll SAFE Banking survey
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. “The upcoming banking vote is an important first step by Congress, but in no way should it be the last,” said NORML Political Director Justin Strekal. 2019 Banking Business GOVERNMENT
Veriheal
APRIL 14, 2022
Banking has been a hurdle for cannabis businesses since the birth of the industry. While the federal SAFE Banking Act —which seeks to provide banking protections for cannabis businesses—continues to hit road bump after road bump in the U.S. A Long Road to Cannabis Banking Reform.
Leafly
MAY 12, 2020
The SAFE Banking Act has been folded into the latest coronavirus relief measure. The post Cannabis banking reform included in latest Congressional COVID relief bill appeared first on Leafly. Politics cannabis banking Congress COVID-19 SAFE Banking Act
NORML
FEBRUARY 14, 2019
The House Financial Services subcommittee on Consumer Protection and Financial Institutions held a hearing Wednesday to address the lack of access to basic banking services by state-legal marijuana businesses. NORML Political Director Justin Strekal published on op-ed on the topic in The Hill Newspaper, entitled Businesses need bank accounts — marijuana shops included. ACTIVISM Advocacy Banking ECONOMICS GOVERNMENT INDUSTRY Policy
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. No industry can operate safely, transparently, or effectively without access to banks or other financial institutions. Send a message to your member of Congress in support of The SAFE Banking Act now!
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.".
Cannabis Life Network
DECEMBER 22, 2022
Proponents weren’t aiming for a hat trick, but that’s precisely what they got when the SAFE Banking Act failed a third time in the US Senate. The SAFE Banking Act is legislation that aims to provide a framework for regulating financial institutions serving the cannabis industry.
NORML
MAY 13, 2022
The post Nearly a Quarter of Senate Members Send Bipartisan Letter Urging Congressional Leadership to Keep SAFE Banking in Pending Legislative Package appeared first on NORML. ACTIVISM SAFE Banking
MassRoots
JULY 30, 2020
In addition to the dramatic cuts to the weekly enhancements of state unemployment benefits and safety net programs proposed in the House’s version (The HEROES Act), the Senate’s package does not include language that would protect banks who service the legal cannabis industry.
Leafly
MAY 2, 2022
Banks in Canada continue to discriminate against cannabis clients in spite of legalization (unless you can pay-to-play). The post Despite federal legalization, banks in Canada still won’t work with weed appeared first on Leafly.
Leafly
DECEMBER 8, 2022
The post After a week of hope, the SAFE Banking Act dies again in the Senate appeared first on Leafly. Politics Chuck Schumer expungement legalization Mitch McConnell SAFE Banking Act
Medical Marijuana Program Connection
JANUARY 19, 2023
–(BUSINESS WIRE)–Farmington State Bank, d/b/a Moonstone Bank, announced today that the bank is returning to its original mission as. FARMINGTON, Wash.–(BUSINESS
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. If enacted, banks would no longer face the threat of federal sanction for working with marijuana-related businesses and entrepreneurs.
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 Law Report
JANUARY 19, 2023
FARMINGTON, Wash.–(BUSINESS
NORML
JULY 17, 2019
Members of the United States Senate Committee on Banking, Housing, and Urban Affairs are scheduled to hear testimony next week regarding the need to provide greater access to financial services for state-licensed marijuana-related businesses. Federal law and regulations currently discourage banks and other financial institutions from working directly with state-licensed cannabis businesses. GOVERNMENT LEGISLATION banking Congress credit financial services SAFE Banking
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. DOJ “issues” The SAFE Banking Act neither legalizes cannabis nor reschedules it on the Controlled Substances Act.
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