The Secure and Fair Enforcement (SAFE) Banking Act of 2023, introduced in both the House and Senate would allow regulated banks to work with state-legal cannabis companies.
Bill to give cannabis businesses banking access has bipartisan support bondbuyer.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bondbuyer.com Daily Mail and Mail on Sunday newspapers.
We made important progress last year. The House of Representatives passed my MORE Act, the gold standard of cannabis reform. In July, my friends Senators Schumer, Wyden, and Booker introduced the Senate’s first comprehensive reform package. In December, my Medical Marijuana and Cannabidiol Research Expansion Act became the first standalone federal cannabis reform signed into law since 1970. This legislation will help get the federal government out of the way of researchers studying the impacts and therapeutic benefits of cannabis. Critically, it will help us finally develop an accurate test for impairment.