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How the Historic Passage of the SAFE Banking Act Could Benefit Patients

Americans for Safe Access

“The potential benefits that patients stand to gain from passage of the SAFE Banking Act are significant. Broader, more robust cannabis reform is still urgently needed, but the Act’s passage through the House is an encouraging sign that we are on the right path.” This week cannabis legislation made history.

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Women's History Month: Q&A with Marijuana Industry Pioneer Greta Carter

Cannabis Law Report

After starting in the banking and construction, Greta Carter pivoted into the marijuana industry in 2008, instantly becoming a trailblazer… Read More. The post Women's History Month: Q&A with Marijuana Industry Pioneer Greta Carter appeared first on Cannabis Law Report.

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Bank On It: One Step Closer to Cannabis Business Banking

Greenspoon Marder Cannabis Law Group Blog

By: Rachel Gillette , Partner and Cannabis Law Practice Chair. The House Financial Services Committee yesterday approved legislation that would help financial institutions serve cannabis businesses operating in legalized states. The SAFE Banking Act is sponsored by Reps. Ed Perlmutter (D-Colo.) and Denny Heck (D-Wash.)

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Cannabis and banking vets launch credit card for dispensaries

Cannabis Law Report

Most consumer cannabis transactions are done in cash, legal or not. Since the United States classifies cannabis as a Title IV drug, the banking industry is unwilling and unable to provide services to cannabis operations. In cannabis, with cash, you have to spend a lot more effort to trace where the cash came from.”

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Duane Morris – Mondaq Article: United States: SAFE Banking Act Passes The House – Cannabis Banking May Soon Be Reality Last Updated: October 23 2019

Cannabis Law Report

The public safety concerns resulting from the dearth of cannabis banking has led dozens of state Attorneys General, the American Banking Association, and numerous other voices to urge the passage of legislation like the SAFE Banking Act so that the U.S. History of Marijuana Regulation and Banking Implications.

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The State of Cannabis Banking at a Pivotal Moment in the Industry: Q&A with Safe Harbor Services’ Amanda McComb

SpeedWeed

The SAFE Banking Act is back in Congress, and political momentum is swinging in favor of the cannabis industry’s need to normalize its relations with financial institutions. Much of the work falls to the cannabis business, of course. We also started a national [cannabis] program back in 2017.

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NAACP Advocates for Marijuana Legalization and Cannabis Industry Workers’ Rights in Renewed Push for Reform

Veriheal

Delegates at the 114th NAACP National Convention unanimously voted to adopt an amendment reiterating its support for cannabis reform. The new amendment also emphasizes teaming up with labor unions to secure protections for cannabis industry employees. In past years, the NAACP endorsed various measures aimed at decriminalizing cannabis.