Wednesday, June 29, 2022

banking

Senate Rejects SAFE Act For The Sixth Time

Marijuana Banking Bill Will Not Be A Part Of America COMPETES Act.

Lawmakers Discuss Cannabis Bill That Would Have It All ā€” Banking, Research, Veterans

There's talk of combining two already existing bipartisan bills ā€” the SAFE Banking Act and theĀ HOPE Act.

Why Chuck Schumer Might Act On Cannabis Banking Sooner Rather Than Later

So far,Ā the SAFE Banking Act hasĀ managed to passĀ the U.S. House six times in the last three years.Ā 

Bipartisan Senators Urge Congressional Leaders To Enact Marijuana Banking Legislation

Once passed, the bill would allow banks and financial institutions to accept business from cannabis companies that comply with state regulations. Ā 

Why Are So Many Cannabis Businesses Losing Money Hand Over Fist?

Why are 60% of cannabis businesses in America losing money or just breaking even?

These Congressmen Are Asking For Inclusion Of SAFE Banking In America COMPETES Act

The Congressmen sent a letter to a bicameral conference committeeĀ asking for the inclusion of marijuana banking reform inĀ America COMPETES Act.

Senate Under Pressure From All Sides To Pass Cannabis SAFE Banking Act ā€” Will It Happen?

Some industry experts believeĀ the billĀ has a better chance of passing the SenateĀ than theĀ MORE Act.

Majority Of Americans Support Cannabis Businesses Engaging With Traditional Banking

Only 15% of the respondents were againstĀ the policy, according to a new survey.
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