The main sponsor of a law that would protect banks that do business with cannabis companies from the penalties of federal regulators said there’s new hope for the bill. As Seeking Alpha reported Tuesday, Rep. Ed Perlmutter (D-Colo.), who has for years championed the SAFE...
Attorney Jeff Sessions’ strict stance on marijuana companies is facing pushback from the nation’s banks, which are stepping up their lobbying efforts to get more lenient plans. With support from both President Donald Trump and Democrat Senator Elizabeth Warren, Politico reported that the leading banking industry...
Congress has a new petition to review: This one is from a bipartisan group of 18 attorneys general from states that have legalized recreational and medical marijuana and would like access to banking in the industry. According to a TechCrunch report, because marijuana is still...
Earlier this month, NACHA–The Electronic Payments Association sent its Government Relations Advisory Group on its annual pilgrimage to Capitol Hill. The purpose of Capitol Hill Day is to provide updates and continued education to Congressional representatives and staff regarding the ACH Network, payments, and the...
April 15, 2024
Proposed rules for marijuana banking and cryptocurrency regulation may be combined into a single bill. The legislation has not been finalized, but there have been talks in the U.S. Congress about combining a cannabis bill, the “Secure and Fair Enforcement Regulation (SAFER) Banking Act,” and a stablecoin measure, Marijuana Moment reported Sunday (April 14). Senate Majority Leader […]
July 26, 2022
The main sponsor of a law that would protect banks that do business with cannabis companies from the penalties of federal regulators said there’s new hope for the bill. As...
June 18, 2018
Attorney Jeff Sessions’ strict stance on marijuana companies is facing pushback from the nation’s banks, which are stepping up their lobbying efforts to get more lenient plans. With support from both...
January 17, 2018
Congress has a new petition to review: This one is from a bipartisan group of 18 attorneys general from states that have legalized recreational and medical marijuana and would like...
