Is the 8th time the stimulus for SAFE Banking?
Cannabis users are paying higher prices and their favorite suppliers are at risk of being robbed because the federal government treats banking legal cannabis dollars like banking heroin itself.
Last week, about 40 senators introduced the SAFE Banking Act as a bill in Congress that will go before the Senate Banking Committee.
What is actually in SAFE Banking? What chances does it have to survive? Hear how David Downs, Managing Editor of Leafly, breaks it down for KCRW, a National Public Radio affiliate, in Santa Monica, CA. We did a three-year This Week in Weed gig there.
Press the play button to hear the interview.
“We know the SAFE Banking Act has gone through the House seven times. It never got through the Senate, and now that there has been a change in Congress, it remains to be seen what will happen this time.”
David Downs, Editor-in-Chief of Leafly
Read KCRW’s full post “Cannabis Stores Can Avoid Theft, Get Credit With the SAFE Banking Act.”
Related
Murder Changed My Mind: Pass the SAFE Banking Act Now
Leafly Senior Editor David Downs is the former cannabis editor of the San Francisco Chronicle. He has appeared on the Today Show and written for Scientific American, The New York Times, WIRED, Rolling Stone, Onion A/V Club, High Times and many others. He is a 2023 judge for The Emerald Cup and has been covering weed since 2009.
Check out David Downs articles
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