Banking Bill Cannabis Industry: Page 5

Bipartisan Group of U.S. Senators Urges Congressional Leaders to Keep SAFE Banking Act in Defense Spending Package

Lawmakers are encouraging members of the Armed Services Committees in the House and Senate to keep the banking legislation in the final version of the National Defense Authorization Act for Fiscal Year 2022.

6 Takeaways From U.S. Cannabis Council’s ‘UNSAFE Banking’ Briefing

Cannabis entrepreneurs and a security expert shared their firsthand accounts of public safety and social equity challenges that stem from the industry’s lack of banking access during an Oct. 28 webinar.

Bank of America Closes Cannabis Researcher’s Accounts

Sue Sisley, president of Scottsdale Research Institute, has been conducting FDA-approved trials to evaluate cannabis as a medical treatment for military veterans and terminally ill patients.

U.S. House Adds SAFE Banking to Defense Spending Package

In a voice vote Tuesday night, the lower chamber attached cannabis banking reform as an amendment to the National Defense Authorization Act.

Will Cannabis Banking Reform Happen This Session?

Last month’s House budget could be the industry’s next best shot at cannabis banking reform. But with a long road ahead and competing priorities during a pandemic, will it happen?

The National Cannabis Roundtable's Christopher Jensen Talks 280E, SAFE and Delta-8

The co-founder of the National Cannabis Roundtable and cannabis company Mana Supply Co. says 'incremental progress' is key to moving industry reform forward.

SAFE Banking Act Cruises to Passage in House

Cannabis-related banking reform, which aims to provide safe harbor for financial institutions, draws bipartisan support in the lower chamber.

Two States Stick the Landing on Cannabis Legalization: Week in Review

Cheers to New York and New Mexico—and to what lies ahead in this industry.

The State of Cannabis Banking at a Pivotal Moment in the Industry: Q&A with Safe Harbor Services’ Amanda McComb

The SAFE Banking Act is back in Congress, and political momentum is swinging in favor of the cannabis industry’s need to normalize its relations with financial institutions.

Senate Follows Suit in Reintroducing SAFE Banking Act

Sens. Merkley and Daines lead bipartisan legislation to ensure state-legal cannabis businesses receive access to financial services.

The Return of the SAFE Banking Act: Week in Review

Optimism abounds, though there are many angles and causes for political debate.

SAFE Banking Act Refiled on Heels of $17.5 Billion in U.S. Cannabis Sales in 2020

A bipartisan group of House co-sponsors are set to give cannabis-related banking reform another go as the industry still lacks safe harbor for its financial institutions.

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