article thumbnail

Nearly a Quarter of Senate Members Send Bipartisan Letter Urging Congressional Leadership to Keep SAFE Banking in Pending Legislative Package

NORML

A bipartisan group of 24 Senators stood up for public safety and for greater economic opportunities for legal cannabis businesses today by sending a letter to leadership in both chambers of Congress asking them to include cannabis banking reform language in broad legislation currently being debated in conference committee.

Banking 136
article thumbnail

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.

Banking 363
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Bankers Associations From All States Send Letter To Push For SAFE Banking Passage ASAP

Cannabis Law Report

Banking associations representing all 50 states and one U.S. territory sent a letter to Senate leaders on Thursday, imploring them to include marijuana banking reform in a large-scale manufacturing bill that’s heading to bicameral conference. ABA and SBA Letter to the Senate Support SAFE Banking in America COMPETES Act 04282022.

Banking 59
article thumbnail

CCIA Calls For Help Supporting The SAFE Banking Act

MassRoots

The California Cannabis Industry Association (CCIA) is calling for cannabis businesses to join them in imploring Speaker Pelosi to prioritize the Secure and Fair Enforcement Banking Act (SAFE Banking Act). What is the SAFE Banking Act? CCIA and The Liaison Group have been working tirelessly behind the scenes on SAFE Banking.

Banking 52
article thumbnail

The Week in Weed: April 24, 2020

The Blunt Truth

The lack of funding for marijuana businesses in the stimulus packages, the halt to state legalization efforts, the issues surrounding Massachusetts (yes, those continue), even Mexico’s decision to legalize cannabis – all are caused or colored by the coronavirus. marijuana banking. See text of bill here. STATE ISSUES.

Banking 101
article thumbnail

The Week in Weed: May 22, 2020

The Blunt Truth

Senator Mitch McConnell (R-KY) criticized the cannabis banking provisions in the latest stimulus bill, while state Attorneys General wrote a letter supporting them. cannabis banking. The marijuana industry was optimistic about the inclusion of the SAFE Banking Act in the HEROES bill last week. massachusetts. and finally.

Banking 115
article thumbnail

Update: Cannabis Regulators Association Celebrates One Year Anniversary, Welcomes New President and State Members

Cannabis Law Report

Lab Testing and Product Safety. Packaging, Labeling, and Advertising. Banking, Finance, and Taxation. Impaired Driving and Traffic Safety. Social and Economic Equity. Medical Use and Research. Public Health and Data Monitoring. Public Education. Cannabinoid Hemp. Environment and Energy. Federal Engagement.