The SAFE Banking Act’s Potential Impact On The Marijuana Industry January 24, 2023 AggregatedNews Banking, Finance & Real Estate 0 Comments The Secure and Fair Enforcement (SAFE) Banking Act, a proposed legislation aimed at allowing banks to do business with companies operating legally within states that have legalized marijuana, had the potential to change the way the marijuana industry operates. Despite… Read More→
Congress Passes Marijuana Banking Reform, But Cannabis Is Still Cash Only—For Now April 20, 2021 AggregatedNews Banking, Finance & Real Estate 0 Comments In a bipartisan vote, the US House of Representatives on Monday approved reform of federal banking rules that would finally allow legal marijuana businesses to access banks. Now, ending a dangerous and unwieldy cash-only cannabis industry—and encouraging investment that would diversify and… Read More→
US House Committee Passes First-Ever Marijuana Banking Bill March 29, 2019 AggregatedNews Banking, Finance & Real Estate 0 Comments The bill, approved by the House Committee on Financial Services, is a top priority for a marijuana industry largely shut out of mainstream banking. U.S. House Democrats on Thursday advanced legislation to give cannabis businesses greater access to banking, approving… Read More→
Key marijuana banking vote set for next week in Congress March 23, 2019 AggregatedNews Banking, Finance & Real Estate 0 Comments A U.S. House committee vote scheduled for Tuesday could advance a bill to get cannabis industry cash off the streets and into bank accounts. Called the Secure and Fair Enforcement Banking Act, the measure would allow banks to service those… Read More→