Democratic leaders and cannabis activists had hoped the cannabis banking provisions could be passed this year, before control of the House changes hands to the GOP following the results of last month’s midterm elections. Under the SAFE Banking Act, federal banking regulators would be prohibited ...
Safe Banking Act Key to Real ReformJackson, Jesse
Last Updated: Dec. 6, 2022 at 2:25 p.m. ETFirst Published: Dec. 6, 2022 at 2:24 p.m. ET Listen (4 min) Sunburn Cannabis CEO Brady Cobb is optimistic that Congress will pass the SAFE Banking Act. Photo: Sunburn Cannabis ...
SAFER Banking Act Approved by Senate Committee 10min0 The future of the bill remains an open question. StaffSeptember 20, 2023 BusinessDaily Hit The Daily Hit: September 20, 2023 5min0 The Daily Hit is a recap of the top financial news stories for Sept. 20, 2023. On The Site Cannabis...
TheSAFE Banking Acthasn’t even yet been reintroduced in either the U.S. Senate or House of Representatives, but cannabis industry trade groups aren’t waiting. They’re already asking for a Senate hearing on the upcoming bill, which is intended to open up the broader U.S. banking system...
“After years of bringing up this issue, I’m thrilled to see overwhelming support for this bipartisan, commonsense legislation in the U.S. House once again. I feel optimistic about the path forward for the SAFE Banking Act and, more broadly, reforms to our federal cannabis laws,” Perlmutte...
美国众议院通过《安全银行法 (SAFE Banking Act) 》 目前,银行业改革法案将提交给美国参议院,该法案是否会被通过尚不确定。 2019年9月25日 埃里克·桑迪(Eric Sandy)和梅丽莎·席勒(Melissa Schiller) 美国众议院于9月25日以321比103票通过了《安全银行法》,这是华盛顿特区对大麻改革立法进行的首次主要投票。H.R...
many challenges when providing banking and related activities to cannabis-related businesses in the U.S. Access this practice note to examine the legal and regulatory framework governing providing financial services to cannabis-related businesses under the Secure and Fair Enforcement Banking Act of 2021...
By Simon Johnson, co-author of 13 Bankers. On Wednesday, Senators Sherrod Brown and Ted Kaufman unveiled a “SAFE banking Act” with a clear and powerful purpose: Break up the big banks. The proposal places hard leverage and size caps on financial insti
For years, Oregon Senator Jeff Merkley has championed the SAFE Banking Act, a federal bill that would make banking services available to cannabis businesses in states where cannabis is legal. The bill has passed the House seven times in the last four yea