SAFE Banking Act

SAFE Banking Act Nowhere to Be Found in Wake of Schedule III Cannabis Order

The new federal posture toward loosening restrictions on cannabis does not appear to have increased congressional appetite for industry banking reform.

Republican Champion for Cannabis Safe Banking Won’t Seek Senate Reelection

Montana Sen. Steve Daines, who fought to provide safe harbor to financial institutions wishing to serve the cannabis industry, won’t seek a third term.

New Year, New Cannabis Banking Opportunities?

Banking reform remains stalled despite widespread state legalization. Could Trump’s executive order on rescheduling start to set change in motion?

32 Attorneys General Tell Congress to Pass SAFER Banking for Cannabis

The legal officers from 28 states, Washington, D.C., and three U.S. territories wrote a letter to congressional leaders urging industry reform.

Less Than 1.5% of New York’s Banks, Credit Unions Service Cannabis Industry

The state launched a cannabis banking directory for the industry, but the list of financial institutions is limited.

Senate Banking Committee Witness Urges Members to Improve, Pass SAFE Banking Act

Aaron Klien, of the Brookings Institute, told lawmakers that legislation for the cannabis industry needs to address ‘costly and unproductive’ SAR filings.

Senate Debanking Hearing Won’t Include Cannabis Witnesses; Federal Reform Unlikely This Congress

After former Senate Majority Leader Chuck Schumer sat on the SAFER Banking Act for 15 months, reform remains slim under a new Republican majority.

Trump Is In: Will Pro-Cannabis Reform Be In or Out?

What will the new administration and a Republican-controlled Congress mean for cannabis policy? Could we see movement on SAFER Banking before the transition? National Cannabis Roundtable Policy Director David Mangone shares his insights.

Is Trump Good for Cannabis? MariMed CEO Explains

Jon Levine, who also serves as the company’s president, goes into detail about a heads-down business approach that supersedes White House politics.

Cannabis Rescheduling Won’t Solve Industry Banking Problems, Legal Risks

Bank Secrecy Act obligations and federal anti-money laundering laws would still apply to cannabis under a Schedule III listing, legal expert says.

Trump Signals Support for Federal Cannabis Rescheduling, Banking Reform

The GOP presidential candidate said he will focus on unlocking the ‘medical uses of marijuana to a Schedule 3 drug’ if elected in November.

Where All 100 US Senators Stand on SAFER Banking Act

At least 59 senators support or likely support the cannabis reform legislation as Majority Leader Chuck Schumer holds keys to floor vote.

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