U.S. House Approves Cannabis Banking Bill
Wed / Sep 25th
The House of Representatives passed the SAFE Banking Act this afternoon in a historic and bipartisan landslide of support for giving state-legal cannabis companies access to banking services.
SAFE Banking Act
The SAFE Banking Act protected banks that chose to do business with legal cannabis companies. Under this act the financial institutions would not be subject to forfeiture for banking in cannabis. Learn about the SAFE Banking Act in these articles:
SAFE Banking Act Likely Getting a House Vote Next Week
Fri / Sep 20th
The SAFE Banking Act, which would normalize banking for the cannabis industry, is expected to receive a House vote next week.
House Plans SAFE Banking Act Vote by Month’s End
Mon / Sep 16th
Democratic leaders in the House intend for a full floor vote on the SAFE Banking Act by the end of September; lawmakers in the Senate, meanwhile, could likewise consider the bill — or their own version of the bill — by the year’s end.
Senate Committee Schedules Landmark Cannabis Banking Hearing
Wed / Jul 17th
The Senate Committee on Banking, Housing and Urban Affairs has scheduled a hearing to consider the SAFE Banking Act despite hints from the Republican committee chair in April that such a hearing was unlikely.
SAFE Banking Act Passes Key Congressional Committee
Thu / Mar 28th
Federal lawmakers on Thursday advanced a sweeping cannabis reform bill out of committee for the first time, ever.
House Committee to Vote on Cannabis Banking Bill Next Week
Thu / Mar 21st
The House Financial Services Committee is set to vote next week on the SAFE Banking Act; it will be the first Congressional cannabis vote of the year.
Federal SAFE Banking Act Would Normalize Banking for Canna-Businesses
Fri / May 5th
The dangers, inefficiencies, and potential for loss due to the cannabis industry’s cash-dominated system are well documented – and while… Read More