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August 4, 2022
Blog

State lawmakers are calling for federal marijuana legalization and banking reform

Through Johanna Skopl The National Conference of State Legislatures (NCSL) recently voted to pass a revised policy expressing its support for federal marijuana debt relief and cann

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August 2, 2022
Blog

Sen. Cory Booker is willing to pass marijuana banking first with that condition

Through Jelena Martinovic Sen. Cory Booker (D-NJ) is “willing to compromise” when it comes to federal cannabis reform. He is even considering the possibility that his chamber c

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July 15, 2022
Blog

SECURE banking, access to medical marijuana for veterans in house approved as part of the National Defense Act

Through Maureen Meihan After the House of Representatives approved two amendments to psychedelics research Wednesday, another package of bills, including bank and veteran access, w

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July 9, 2022
Blog

A Pennsylvania law could make cannabis banking easier in the state

Through Johanna Skopl A Pennsylvania General Assembly bill would protect banks, credit unions and insurance companies that do business with legal cannabis companies in their state.

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July 6, 2022
Blog

This senator says Congress needs to catch up with Americans and is pushing for legislation to reform cannabis banking

Through Jelena Martinovic Rep. Ed Perlmutter (D-CO), a house sponsor of a bipartisan marijuana-banking reform bill, last week filed an amendment to the National Defense Authorizati

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July 4, 2022
Blog

Bipartisan lawmakers introduce marijuana banking amendment to spur passage of National Defense Authorization Act

Through Johanna Skopl Rep. Ed Perlmutter (D-CO), house sponsor of a bipartisan marijuana-banking reform bill, filed an amendment to the National Defense Authorization Act (NDAA) fo

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June 27, 2022
Blog

Meet the CLIMB Act, a new bipartisan cannabis banking law

Walk over, SURE there’s a new cannabis bank bill in town. On June 23, U.S. Representatives Troy A. Carter, Sr. (D-LA) and Guy Reschenthaler (R-PA) introduced the Capital Lend

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June 24, 2022
Blog

SAFE Banking Act removed from Chinese competition law

Federal laws that would allow financial institutions to offer banking services to legal cannabis companies have been scraped from a bill intended to encourage competition with Chin

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June 13, 2022
Blog

Lawmakers discuss cannabis law that would have it all – banking, research, veterans

Will there be comprehensive cannabis legalization legislation in the US this year? According to recent discussions, anything is possible. Following a recent discussion between Sen.

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June 11, 2022
Blog

Why Chuck Schumer might be acting in cannabis banking sooner rather than later

Through Jelena Martinovic The Senate recently came under pressure from all quarters to pass the SAFE Banking Act, which would “help cannabis-related businesses, encourage inn

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May 16, 2022
Blog

SAFE Banking has a “perfect opportunity” to pass Congress soon, says legalization leader

Earler today Rep. Earl Blumenauer (Oregon), one of the leading proponents of legalizing marijuana in Congress, said cannabis banking reform could be passed in months, if not weeks.

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April 28, 2022
Blog

These Congressmen are calling for the inclusion of the SAFE Banking In America COMPETES Act

Of Nicolas Jose Rodriguez The US House of Representatives approved the Secure and Fair Enforcement (SAFE) Banking Act on April 20 by a vote of 321 to 101. This was the fourth time

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April 22, 2022
Blog

Senate Pressured From All Sides To Pass Cannabis SAFE Banking Act – Will It Happen?

Of Nina Zdinjak Earlier this month, Colorado Attorney General Philip Weiser (D) and Ohio Attorney General Dave Yost (R) sent a letter to U.S. Senate leadership calling for passage

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April 1, 2022
Blog

Pennsylvania lawmakers moving forward with their own cannabis banking bill |

In an effort to give cannabis companies access to financial institutions that are bogged down in Congress, some Pennsylvania lawmakers are taking matters into their own hands. Acco

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March 25, 2022
Blog

Murder Changed My Mind: Pass the SAFE Banking Act Now

The Haymaker is Leafly Senior Editor Bruce Barcott’s opinion column on cannabis culture and politics Last Friday, Leafly published Amara Barnes’ chilling account of an

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March 12, 2022
Blog

The majority of Americans want Congress to crack down on cannabis banking

According to data collected in a national poll released March 8, conducted by Morning Consult and commissioned by the American Bankers Association, a majority of Americans want Con

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March 9, 2022
Blog

The majority of Americans support cannabis companies that engage in traditional banking

By Nicolas Jose Rodriguez According to a survey released Tuesday by the American Bankers Association (ABA), 65% of respondents said they prefer cannabis businesses to have access t

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February 15, 2022
Blog

Sixth time the charm? Marijuana Banking Act Sponsor Is Optimistic About Senate Approval

By Jelena Martinovic Earlier this month, the U.S. House of Representatives formally appended a cannabis banking reform amendment to extensive innovation and manufacturing legislati

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February 10, 2022
Blog

House Passes SAFE Banking Act Again

The House of Representatives last week passed the SAFE Banking Act as part of a separate bill, marking the sixth time the lower house of Congress has passed the legislation to gran

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February 8, 2022
Blog

Mitch McConnell Calls SAFE Banking Act to Allow Weed Banking ‘Poison Pill’

The political climate is divisive as ever as the Senate Minority Leader ramped up verbal attacks directed at cannabis banking reform. On February 7, Senate Minority Leader Mitch Mc

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