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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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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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A New Angle on Cannabis Banking Protections

Canna Law Blog

Sometimes I’ll write about cannabis banking when I’m working on a project for a bank or credit union, but newsworthy developments on cannabis banking seldom seem to drop. Marijuana Moment ran a good story on the marked-up bill, which covers cannabis banking and other cannabis- and non-cannabis issues.

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Survey: Most Voters Support Federal Banking Reforms for Licensed Marijuana Retailers

NORML

“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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Banking for Cannabis Growers

Canna Law Blog

Though many business owners may find banking to be a headache regardless of industry, few business owners have more hurdles to deal with than cannabis growers and dispensaries. The current state of cannabis banking can have a significant impact on where cannabis business owners keep their money and whether they obtain cannabis loans.

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House Reintroduces SAFE Banking Act To Normalize Cannabis Commerce

NORML

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.

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