Safe Banking Act
Significant steps in the cannabis legalization process may be just around the corner.
The bill is a seemingly competitive measure aimed at helping military vets, enhancing research, and making weed a legitimate part of national commerce.
Democrats and Republicans alike support the legalization of marijuana and continue to fight for it on Capitol Hill.
With so much noise around Democrats and cannabis legalization going on for a while, the analyst doubts they’ll end up doing anything substantial
While it is almost certain that this bill will be passed this year, it does not promise to be hitch-free.
The only way Senate Democrats have been able to bypass Republican opposition so far this year and move forward with its agenda is through budget reconciliation.
Any smidgen of hope that the nation will see federal marijuana legalization this year is ultimately contingent on the survival of a modest cannabis banking bill.
Meager guidance from regulators leaves banks dubious about whether they can safely bank cannabis businesses.
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