SAFER Banking Act passes Senate committee and moves to vote
Cannabis companies doing business legally in their state are one step closer to potentially opening accounts with federally insured banks after the latest version of the SAFER Bank
SAFER Banking Act Passes Senate Committee – Cannabis | weed | marijuana
The SAFER Banking Act passed a critical Senate committee hearing by a vote of 14-9. The renamed bipartisan bill would allow banks to work with cannabis companies without federal pe
John Fetterman changes Senate, now SAFE Banking
John Fetterman (D-PA) is a man who should receive attention in the U.S. Senate. At six feet tall, he towers over most people, and his quirky way of wearing shorts and hoodies creat
Oregon governor rejects cannabis banking law
Oregon Gov. Tina Kotek recently rejected a bill that would have created a state public bank task force. The 19-strong team would have examined the pros and cons of a cannabis busin
#3 in Senate talks on secure banking
Once again, Congress is working to pass SAFE Banking, a much-needed boost for the cannabis industry. SAFE banking would not only provide secure ways to move legal money, it would t
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 h
SAFE Banking Act fails for third time – Cannabis | weed | marijuana
The proponents weren’t seeking a hat-trick, but that’s exactly what they got when the SAFE Banking Act failed in the US Senate for a third time. The SAFE Banking Act is
Schumer blames McConnell and GOP for excluding Cannabis Banking Act from $1.7 trillion spending bill
Of Maureen Meihan When the Secure and Fair Enforcement (SAFE) Banking Act was exempted from Monday’s omnibus appropriation legislation, Senate Majority Leader Chuck Schumer (
Marijuana banking bill dropped from year-end spending measure, back to industry drawing board
Of Maureen Meihan Much-needed and much-anticipated banking reform has been barred from a major spending bill expected to be released on Monday, a Senate staffer confirmed to Mariju
The US cannabis industry takes another punch in the stomach as Kaiser McConnell scraps the SAFE Banking Act again.
On Tuesday, US cannabis stocks fell sharply after hopes of cannabis regulation reform were dashed in Congress. In particular, acceptance of a cannabis-focused proposal in the Natio
SAFE Banking Act exempted from Defense Expenditure Act
An attempt to get the SAFE Banking Act into a much-needed defense spending bill has failed, leaving proponents looking for a way to pass legislation that would give the legal canna
After a week of hope, the SAFE Banking Act dies again in the Senate
Proponents of cannabis legalization have learned over the years not to get our hopes up for federal changes. But damn, this one seemed really close. As of last week, the internet b
Cannabis Banking Excluded From NDAA – Cannabis | weed | marijuana
The United States Congress has declined to include cannabis banking in the NDAA (National Defense Authorization Act). The NDAA is a bill passed annually by Congress that regulates
Legal cannabis banking in the US
Legal cannabis banking in the United States is still an open question after the midterms. Cannabis legalization became a reality in two more states last week, with the addition of
Congress Supposedly Very Close To Passing Marijuana Banking & Expungement Bill, Says Schumer
Senate Majority Leader Chuck Schumer has made it clear that cannabis is a topic that’s been avidly discussed by Congress. He says that soon there will be a bill addressing topics
NAACP Calls For The ‘Immediate Passage’ Of SAFE Banking Legislation
By NORML Members of the NAACP’s Board of Directors have approved a resolution calling upon Congress to enact legislation that explicitly allows banks to provide financial
Congress under pressure: Colorado officials push for cannabis banking reform
Through Jelena Martinovic With the close of Congress just around the corner, marijuana advocates, advocacy groups and lawmakers continue to push for a change in marijuana banking p
Is the SAFE Banking Act nearing passage? Senators agree that this problem is at play
Through Johanna Skopl Supporters of the Safe and Fair Enforcement Banking Act (SAFE) recently discussed the urgency of passing cannabis reform in this session, reiterating the publ
New poll shows overwhelming support for cannabis banking legislation
According to the results of a recent poll, nearly two-thirds of US voters support legislation that would allow the banking industry to provide financial services to legal cannabis
New analysis of SAFE Banking Act calls for 10 amendments to improve equity
A paper from the Cannabis Regulators of Color Coalition (CRCC) was released August 12 by Ohio State University’s Moritz College of Law. The paper, entitled Not a SAFE Bet: Eq