Banking Bill Cannabis Industry: Page 7

Cannabis Policy Advocates Urge Congress to Include Banking Reform in Next Coronavirus Relief Legislation

Advocates argue that the lack of banking access hinders social distancing efforts, increases risk of contagion, creates unnecessary financial hardship and presents other safety risks for essential businesses and patients.

Lawmakers Introduce House Bill to Extend Federal Aid to Cannabis Industry, Stay-at-Home Orders Keep 4/20 Sales Down: Week in Review

This week, Reps. Earl Blumenauer and Ed Perlmutter unveiled legislation that would allow cannabis businesses to access federal COVID-19 relief.

Lawmakers Look to Include Cannabis Banking Reform in Next COVID-19 Stimulus Bill

Industry stakeholders weigh in on Rep. Ed Perlmutter’s push to get a revised version of the SAFE Banking Act included in an economic relief package.

Aurora Cannabis CEO Steps Down, Cannabis Industry Loses Legendary Breeder Subcool: Week in Review

Aurora Cannabis Founder and CEO Terry Booth has announced his retirement, effective immediately.

Colorado Launches Cannabis Banking Reform Efforts

Lawmakers and other state officials have launched several campaigns aimed at providing more guidance and protection for financial institutions that serve the state’s legal cannabis industry.

SAFE Banking Act’s House Co-Sponsors Urge Senate to Take Action, Adult-Use Legalization Efforts Underway in New York, New Mexico and New Hampshire: Week in Review

Legislators submitted a letter to Senate committee chairman Mike Crapo this week to address his concerns about the SAFE Banking Act, and to urge him to approve the bill.

SAFE Banking Act’s House Co-Sponsors Urge Senate to Approve Bill

Legislators submitted a letter to Senate committee chairman Mike Crapo to address his concerns about the legislation, and to urge him to take action.

Cannabis Industry Urges Senate Banking Chairman to Move Forward with SAFE Banking Act

Sen. Mike Crapo released guidelines for cannabis banking reform legislation Dec. 19 that would undermine the intent of proposed reforms and hinder the effective operation of state-legal cannabis programs.

The Cannabis Industry’s 9 Biggest Moments of 2019

This year saw many milestones, from historic votes in Congress to states launching cannabis sales for the first time.

The Cannabis Lobby Is a Growing Force on Capitol Hill

Industry spending is growing year-over-year, with no signs of slowing down.

How Can Cannabis Companies Prepare for Banking Reform?

Now that the SAFE Banking Act has cleared the U.S. House, the industry should get its financial house in order to ensure a smooth transition from cash-run to banked businesses.

SAFE Banking Act Clears U.S. House, Massachusetts Bans All Vape Sales for Four Months: Week in Review

The U.S. House voted 321-103 to pass the SAFE Banking Act on Sept. 25.

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