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WATCH NOW: Senate Banking Committee's Markup on SAFER Banking Act

Watch the live video of the 23-member committee's hearing on the cannabis banking bill.

Saferwatch Project

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September 27, 2023

The U.S. Senate Committee on Banking, Housing, and Urban Affairs' markup hearing on the Secure and Fair Enforcement Regulation (SAFER) Banking Act (S.2860) held at 9:30 a.m. Sept. 27 in Washington, D.C.

The legislation aims to create protections for financial institutions that provide financial services to state-licensed cannabis businesses and services providers for such businesses.

40 House Democrats Introduce Bill to Federally Legalize Cannabis

Texas Lieutenant Governor’s Prohibition Push Draws State Veterans’ Ire

9 US Lawmakers Urge Trump to Reject Cannabis Rescheduling

Trump’s Forthcoming Rescheduling Decision, Congressman’s Marijuana 1-to-3 Act Lead CBT’s Top Stories in August

40 House Democrats Introduce Bill to Federally Legalize Cannabis

The MORE Act would deschedule and decriminalize cannabis, initiate expungements and support those disproportionately impacted by prohibition.

Rep. Jerry Nadler, D-N.Y., reintroduced the MORE Act on Aug. 29, 2025, in the U.S. House.

Texas Lieutenant Governor’s Prohibition Push Draws State Veterans’ Ire

The Grunt Style Foundation, which advocates for veteran mental health, believes that Texas veterans are fed up with Lt. Gov. Dan Patrick.

9 US Lawmakers Urge Trump to Reject Cannabis Rescheduling

The group of GOP House representatives sent a letter to Attorney General Pam Bondi and copied the president.

Donald Trump Portrait Merged

Trump’s Forthcoming Rescheduling Decision, Congressman’s Marijuana 1-to-3 Act Lead CBT’s Top Stories in August

President Donald Trump said his decision on whether to change cannabis’s control status will come in the ‘next few weeks.’

Top10 August2025

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.

Mj Money 262881844

CRS Provides 4 Considerations for Congress to Revise 2018 Farm Bill’s Hemp Definition

A new CRS report outlines legal challenges to state laws leading to uncertainty and disagreement over the 2018 Farm Bill’s definition of hemp.

Crs hemp 164220995

Licensed New York Cannabis Retailers File Lawsuit Against Office of Cannabis Management

The coalition seeks to halt OCM’s policy reversal that could force 152 dispensers to move, calling on the state to protect small businesses.

Dispensary owners and local policymakers rallied on Aug. 8 at the steps of New York City Hall

Texas Senate Passes Same Hemp THC Ban in 2nd Special Session

The upper chamber once again ignored Gov. Greg Abbott’s call to regulate consumable hemp products, pushing prohibition legislation forward instead.

Texas Capitol in Austin

12 New York Cannabis Businesses Sue State Over School Proximity Fiasco

The businesses, including Conbud and Housing Works, argue that the Office of Cannabis Management changed policy without a formal rulemaking process.

New York Lawsuit 626634990

Texas, California Governors Collide Over Redistricting; Hemp Lies in the Crosshairs

Gov. Greg Abbott called the Texas Legislature back into a second special session, pushing congressional redistricting and hemp regulation.

Texas Capitol, Austin

Federal Court Rules New York’s Social Equity Dispensary Licenses Unconstitutional

The U.S. Court of Appeals for the Second Circuit ruled that New York’s protectionist measure favoring in-state applicants collides with the Constitution.

Ny courthouse 1112722819 Editorial Use Only

Texas Governor Plans to Call 2nd Executive Session for Unfinished Business, Including Hemp

Gov. Greg Abbott said if House Democrats continue to break quorum, he’ll just call another executive session with the exact same agenda.

Texas Gov. Greg Abbott

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