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So How Did It Go? – The SAFE Banking Act Senate Hearing

Canna Law Blog

As we reported last week , a Senate Banking Committee hearing occurred this past Tuesday to consider the SAFE Banking Act. But the SAFE Banking Act is narrowly targeted,” she said. “It’s In short, the hearing didn’t display as much GOP sway or support as we were hoping for. hour hearing.

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Democratic Senator Chuck Schumer Feels SAFE Banking Act is Not Enough

WeedAdvisor

With cannabis reform sweeping across the country, measures life the SAFE Banking Act are welcome by many financial institutions and members of the cannabis industry. However, top Democratic Senator Chuck Schumer feels that the SAFE Banking Act is insufficient and potentially detrimental to legalization. Good Bill, Poor Timing. .

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Several Cannabis Reforms Advance in Louisiana, Including a Decriminalization Bill

SpeedWeed

The 14-page legislation isn’t as long-winded but puts the removal of cannabis as a controlled substance, banking protection, reform for veterans and mandated NIH studies at the forefront. For too long, the federal government’s outdated cannabis policies have stood in the way of both individual liberty and a state’s 10th Amendment rights.

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SAFE Banking Act Refiled on Heels of $17.5 Billion in U.S. Cannabis Sales in 2020

SpeedWeed

in 2020, there were 515 banks and 169 credit unions providing services to cannabis-related businesses at the end of last year, according to Financial Crimes Enforcement Network’s (FinCEN) quarterly cannabis banking update. But those banks are not the “national associations” of the world. Helping motor more than $17.5

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Weekly Legislative Roundup 4/5/19

NORML

Governor Michelle Lujan Grisham (D) of New Mexico signed cannabis decriminalization legislation into law. An Arkansas House committee defeated a decriminalization bill this week to send it to study. Senate Bill 45 would make this policy consistent for juvenile offenders. DE resident? FL resident? Legislation is pending, H.

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Weekly Legislative Roundup 6/21/19

NORML

New York state lawmakers approved legislation on Friday to further expand cannabis decriminalization and expunge certain records. Click here to email your lawmakers in support of banking access. Senate Bill 45 would make this policy consistent for juvenile offenders. The bill now heads to the Governor. CA resident? DE resident?

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Weekly Legislative Roundup 3/29

NORML

House Financial Services Committee has passed The Safe Banking Act, HR 1595 out of committee this week. Governor Jim Justice (R) of West Virginia signed legislation into law that allows financial institutions to provide banking services related to the state’s medical marijuana program. It now awaits consideration by the U.S.