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Thursday, 03/18/2021 2:00:18 PM

Thursday, March 18, 2021 2:00:18 PM

Post# of 30141
Marijuana Banking Bill Reintroduced In Congress With Broad Bipartisan Support From More Than 100 Lawmakers

https://www.marijuanamoment.net/marijuana-banking-bill-reintroduced-in-congress-with-broad-bipartisan-support-from-more-than-100-lawmakers/

Key Excerpts:

Rep. Ed Perlmutter (D-CO) reintroduced the legislation, titled the Secure and Fair Enforcement (SAFE) Banking Act. The measure cleared the House along largely bipartisan lines during the last Congress, but it did not advance in the Senate under Republican control.

With Democrats now in control of the House, Senate and White House, industry stakeholders are optimistic that the legislation stands a solid chance of becoming law this year.

A new companion Senate version of the bill is expected to be filed next week.

The bill has been slightly revised this session to expand banking protections to explicitly include hemp and CBD businesses


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