WebApr 6, 2024 · Tuesday, April 6, 2024. In September 2024, the U.S. House of Representatives passed the “Secure and Fair Enforcement (SAFE) Banking Act of … WebApr 12, 2024 · And social equity concerns have inverted the traditional politics of marijuana reform: Senator Cory Booker (D-NJ), one of the most progressive members of the Senate and a long-time advocate for marijuana law reform, recently blocked the passage of the Secure and Fair Enforcement (SAFE) Banking Act, long thought to be the lowest …
Federal Cannabis Legalization Slips Further Away - SAFE Banking Act
WebDec 2, 2024 · The SAFE Banking Act “purports to exempt the proceeds of ‘cannabis-related legitimate businesses’ from certain money laundering statutes,” it said. “This … WebJan 6, 2024 · SAFE Banking Act. The SAFE Banking Act ... When Democrat J.B. Pritzker assumed the governorship in 2024 after having made a campaign pledge to legalize marijuana, this placeholder bill suddenly ... china hut richmond ky
What the Safe Banking Act Means for the Cannabis Industry - CBD …
Web2 days ago · Keri Cain, director of Regent Bank’s cannabis banking program, completely disagrees. And even more, she said it sends the message that more banks don’t need to serve this industry. “We’re talking about a $50-billion industry that is largely unbanked,” she said. “Nationwide, there’s probably less than 700 banks that bank cannabis. WebDec 21, 2024 · The $1.7 trillion omnibus spending bill unveiled Tuesday includes all kinds of expenditures, but it does not include the SAFE Banking Act, a bipartisan measure that would undo federal restrictions ... Web2 days ago · NAIC hasn’t taken a position on legalization, but it has previously endorsed the SAFE Banking Act, which would protect financial institutions that work with state … grahams pest control perth