The SAFE Banking Act is back. First introduced in 2019, the Secure and Fair Enforcement Act (“SAFE”) passed in the House but died in the Republican-controlled Senate. Now, the bill has been reintroduced in both the House and the Senate with bipartisan support, as well as support from the American Bankers Association. Despite broad support, it remains unclear – and probably unlikely – the legislation could move as a standalone bill without accompanying removal of cannabis from the schedule of controlled substances and restorative justice provisions to expunge or pardon past cannabis offenses.… More
Tag Archives: banking
Partner Kevin Conroy Joins Cannabis Reporter Radio Show on Navigating the Regulatory Rifts of Intercontinental Cannabis Banking and Commerce
Kevin Conroy, former Massachusetts Deputy Attorney General, explains how companies overcome regulatory challenges of intercontinental cannabis banking on the Cannabis Reporter Radio Show with host Snowden Bishop. Click here to listen to the episode. More