Monday, December 5, 2022

Safe Banking Act

If Senate Democrats’ Idea Of Cannabis Reform Is SAFE Banking Act, They Should Give Up Now

Democrats must find a way to make a bill palatable to Republicans and come to terms on its reach.

Why Does Congress Need Two Years To Federally Legalize Marijuana?

The first several months of the new Congress will tell us everything we need to know about its intentions and its dedication to cannabis reform.

California Cannabis Banking: Financial Institutions Get Some Cover

The goal of Assembly Bill 1525 is to make it easier for financial institutions to adhere to federal reporting requirements.

Kamala Harris Promises Decriminalization, Cannabis Stocks Surge

Big-name cannabis companies saw their shares rise over 10% after Harris promised decriminalization at the vice presidential debate.

Cannabis Legalization Does Not Depend On The Presidential Election

The truth is, as many have discovered, the Biden campaign has almost the same view as Mr. Trump.

Senate Republicans Really Don’t Want SAFE Marijuana Banking, Or So They Say

Cannabis dispensaries remain a cash-only business as financial institutions fear that working with these companies could generate harsh penalties.

Nancy Pelosi Calls Cannabis ‘A Therapy That Has Proven Successful’ During Pandemic

A provision that would protect banks working with cannabis businesses has caused serious tension between Democrats and Republicans.

Will The SAFE Banking Act Pass As Part Of Coroanvirus Legislation?

The bill would allow banks to provide financial services to the cannabis industry without fear of federal prosecution.
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