Tag: SAFE Banking
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Blumenauer Says ‘Strong Support’ Growing In Senate For Cannabis Banking Reforms
You may soon be able to legally use your credit card to buy cannabis. That’s because momentum is building behind a measure to allow weed businesses access to basic financial services, like accepting credit cards or even opening a company bank account. All eyes remain on the Senate, where the bipartisan and popular SAFE Banking…
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Cannabis Banking Reforms Delayed Once Again After Being Stripped From Defense Bill
In a 363 to 70 vote, House lawmakers on Tuesday night passed a new version of a bicameral defense spending bill that doesn’t include cannabis banking reforms, sparking disappointment and frustration among advocates and stakeholders. Back in September, the House had approved an initial version of the National Defense Authorization Act (NDAA) with provisions to…