SAFE Banking Act: Page 6

Cannabis Reformist Presses Senate Quartet to Pass SAFE Banking

Rep. Ed Perlmutter says his legislation, which has passed the House six times, offers an “immediate solution to get cash off our streets.”

Justice Department to Return $1.1M in Cannabis-Related Cash to Armored Vehicle Company

Seized last year in San Bernardino County, Calif., the money came from licensed cannabis operators and will be returned to Empyreal Logistics.

New York Senator Introduces Cannabis Banking Bill

Sen. Jeremy Cooney has introduced the first of two bills meant to address banking in the state’s cannabis industry.

Pennsylvania Senate Approves Cannabis Banking Legislation

Senate Bill 1167, which would allow financial institutions and insurers to provide services to the state’s medical cannabis businesses, has advanced to the House.

Tacoma Cannabis Dispensary Now Offering Cash-Free Payment Option

Mary Mart rolled out a new transaction system weeks after a string of fatal robberies in the western part of Washington.

Pennsylvania Cannabis Banking Bill Receives Unanimous Committee Support

The legislation would authorize financial institutions and insurers to provide services to the state’s medical cannabis businesses.

Two Teens Wanted in Fatal Washington Dispensary Shooting

The Tacoma Police Department named 16-year-old and 15-year-old boys as suspects at large in connection with at least 10 cannabis retail robberies.

Washington Dispensary Worker Fatally Shot During Robbery

The shooting in Tacoma is the latest in a string of violent robberies in western Washington, highlighting a lack of banking reform in the industry.

Does Oklahoma Have the Answer to Cannabis Banking?

House lawmakers passed a bill that would utilize virtual currency as a means to provide the state’s medical cannabis industry safe and legal banking.

Flora Growth’s Strategic Future

CEO Luis Merchan considers human capital, distribution, and revenue when targeting deals, says political reform will accelerate plans.

UPDATE: Rep. Perlmutter Makes Final Push on SAFE Banking

Before retiring at the end of his current term, the veteran Democrat from Colorado is fixing for one last go at cannabis banking reform.

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