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Senators Advance Cannabis Banking Reform Bill for First Time

NORML

Although members of the House have passed an earlier version of the legislation -- the SAFE Banking Act -- on seven prior occasions, today's vote marks the first time that Senate members have voted in favor of the measure. The post Senators Advance Cannabis Banking Reform Bill for First Time appeared first on NORML.

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SAFE Banking Act Reintroduced in House and Senate

NORML

“If cannabis businesses are to have any hope of operating safely, transparently, and in a manner that is competitive with the existing underground market, Congress must pass SAFE Banking now." The post SAFE Banking Act Reintroduced in House and Senate appeared first on NORML.

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SAFER Banking Act Passes Senate Committee

Cannabis Life Network

The SAFER Banking Act has passed a critical Senate Committee hearing with a vote of 14-9. The renamed bipartisan bill would allow banks to work with cannabis businesses without penalties from the federal government. cannabis industry has long been waiting for SAFER Banking to pass the Senate.

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Attorneys General Push for Marijuana Banking Reform

NORML

Attorneys Generals from 34 states and territories sent a letter today to Congressional leadership urging members to expeditiously pass The Secure and Fair Enforcement (SAFE) Banking Act so that state-licensed cannabis business can explicitly engage in relationships with banks and other financial institutions.

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Finally, Federal Cannabis Banking Reform?!?!

Dykema (Cannabis Law Blog)

For the last several years, it has appeared time and again that we might finally be on the precipice of cannabis reform, as the SAFE Banking Act has previously passed the House of Representatives on seven separate occasions on a bipartisan basis. However, all of those previous efforts stalled out and died in the Senate.

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NORML Calls on Senators to Advance Cannabis Banking Legislation

NORML

The post NORML Calls on Senators to Advance Cannabis Banking Legislation appeared first on NORML.

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The SAFE Banking Act 

MaxQ Cannabis

The SAFE Banking Act, also known as the Secure and Fair Enforcement Banking Act, is proposed legislation that aims to provide legal protection for financial institutions that work with cannabis-related businesses.

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