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Sunday, 06/09/2019 12:13:27 PM

Sunday, June 09, 2019 12:13:27 PM

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On the regulatory front, the effort to protect banks that do business with cannabis companies from federal enforcement action made progress this week.

A bipartisan cannabis banking bill, the Secure And Fair Enforcement (SAFE) Banking Act, is moving closer to a full floor vote after it was placed on the Union Calendar, as advocacy site Marijuana Moment reported. Nearly half of all House members — 206 — have signed onto the SAFE Act as co-sponsors.

https://www.marijuanamoment.net/bipartisan-marijuana-banking-bill-quietly-advances-in-house-as-floor-vote-approaches/