Select a State  
Donate
Menu
Marijuana Policy Project
Marijuana Policy Project
Donate

Archive

  • Archive

Breaking: House approves SAFE Banking Act of 2021!

Apr 19, 2021

4/20, banking, banking legislation, banks, cannabis industry, Congress, COVID-19 relief packages, equity, Federal, financial institutions, loans, protections, regulated financial services, S. 910, SAFE Banking Act, Secure and Fair Enforcement Banking Act of 2021, Sen. Jeff Merkley, Sen. Steve Daines, social equity, state-legal cannabis businesses

The U.S. House of Representatives passed the Secure and Fair Enforcement Banking Act of 2021 (SAFE Banking Act) in a bipartisan vote of 321-101. The bill now moves to the U.S. Senate for consideration.
Read more

Federal action alert: Cannabis banking bill advancing in Congress

Jun 05, 2019

banking, banking issue, banks, cannabis banking, cannabis businesses, cannabis industry, Congress, Federal, financial institutions, floor vote, HR 1595, Rep. Ed Perlmutter, SAFE Banking Act, Secure and Fair Enforcement (SAFE) Banking Act, state marijuana laws, U.S. House of Representatives

Urge your U.S. Representative to support the SAFE Banking Act of 2019! Today, 33 states and the District of Columbia have enacted laws allowing for either medical or adult-use cannabis. An additional 14 states allow for limited medical use. But under current law, financial institutions providing banking services to legitimate and licensed cannabis businesses under state laws are subject to criminal prosecution under several federal statutes, such as "aiding and abetting" a federal crime and money…
Read more