House Sponsors High on Marijuana Banking Passage

House supporters of marijuana banking legislation are feeling confident that their bill, named The SAFE Banking Act of 2021, will pass the House (as it did in the last session) and then a version of it, unlike last session, will be considered in the Senate. The bill would provide a safe harbor for credit unions and banks that provide services to cannabis-related businesses in states where marijuana is legal. Currently those businesses are forced to operate on a cash basis.

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House Sponsors High on Marijuana Banking Passage

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