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SAFER Banking Act moves closer to reality

After a years-long battle with Congress, the marijuana industry claimed a notable victory as the Secure and Fair Enforcement Regulation Banking Act passed the Senate floor Sept. 28.

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Lucy Scientific Discovery's Alternative Mental Health Treatments to Provide Opportunity to Improve Mental Health - Lucy Scientific Discovery (NASDAQ:LSDI)

Lucy Scientific Discovery's Alternative Mental Health Treatments to Provide Opportunity to Improve Mental Health - Lucy Scientific Discovery (NASDAQ:LSDI)
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What could a marijuana financing bill mean for the cannabis industry?

A bill that would allow the cannabis industry to use banking services instead of relying on cash has advanced in the Senate. However, lawmakers on both sides of the aisle are questioning its implications.

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SAFER Banking Is Only the First Step on a Long Road

SAFER Banking Is Only the First Step on a Long Road
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The SAFER Banking Act seeks to open banking access to cannabis retailers

The U.S. Senate is considering passage of legislation that will enable cannabis businesses to access the banking system for the first time.

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