SAFE banking maybe a reality within 2019
“The SAFE Banking Act would go a long way toward improving safety, transparency, access, and justice in the cannabis industry,”
“The SAFE Banking Act would go a long way toward improving safety, transparency, access, and justice in the cannabis industry,”
State-licensed banks would finally allow the cannabis industry access to basic banking services
“The whole issue of banking arrangements, formal banking arrangements, has to be addressed,”
Marijuana is illegal at the federal level, even as 29 states have legalized pot in some form.
“In this incredibly divisive time, the issues surrounding the legalization of cannabis provide a unique opportunity for policymakers, regulators, and law enforcement officials from all sides to meet and reach a consensus,”
Legal marijuana is a multi-billion industry, with nearly every transaction done in cash.
A credit union in Maryland, USA, is offering banking services to support the state’s rising medical cannabis industry