SAFE Banking Act

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.

Trump’s Pick for Attorney General Promising for Cannabis Policy, Rescheduling

Matt Gaetz has long supported cannabis reform during his time in the U.S. House, including his position that cannabis should be decontrolled.

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.

Delaware Governor Signs Bill Allowing Banks to Provide Financial Services to Cannabis Industry

The legislation will protect financial institutions such as banks and credit unions under state law.

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