Bipartisan Cannabis Business Banking Bill Goes to House Committee

On Tuesday, March 26th, the House Financial Service Committee will take up, debate and vote on the Secure and Fair Enforcement (SAFE) Banking Act, a bi-partisan bill addressing the cannabis industry’s banking crisis. A yes vote on the SAFE Act would represent a crucial milestone in federal marijuana policy and pave the way for major financial institutions to work with legal cannabis businesses. But just days ahead of the committee markup, a key sponsor of the bill moved to add provisions that would help to further diversity and inclusion across the industry.

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Source: Bipartisan Cannabis Business Banking Bill Goes to House Committee