Renewed Bipartisan Effort Aims to Open Banking to Cannabis Industry

2023-04-27 21:53:17

WASHINGTON — Just days after an extraordinary cannabis policy summit in the U.S. Capitol, a bipartisan group of lawmakers has reintroduced a bill aimed at ensuring legal cannabis businesses have access to banking and other financial services. The SAFE Banking... Read More

Congress

Cannabis Banking Act Added to House Defense Bill

2021-09-23 16:05:53

by Dan McCue

WASHINGTON -- The bipartisan SAFE Banking Act, a measure intended to allow banks to provide financial services to legitimately licensed cannabis businesses in states that have deemed the substance legal for use, has been added as an amendment to the... Read More

Economy

House Passes Bill Granting Marijuana Businesses Access to Banking

2019-09-27 20:59:45

by Dan McCue

WASHINGTON - The House passed a bill earlier this week that would grant legal marijuana businesses access to banking, resolving a longstanding challenge for the growing industry. The bill, called the SAFE Banking Act, passed 321-103 on the strength of... Read More