Industry News

Senators Reintroduce SAFE Banking Act To Normalize Cannabis Commerce

It may come as a surprise to many: cannabis business is still crippled by the federal government’s laws restricting banking rights. Since all banks must be federally insured, and all federal laws still view cannabis as illegal, any bank who will accept deposits, checks or process credit cards from cannabis businesses are breaking the law. […]

The post Senators Reintroduce SAFE Banking Act To Normalize Cannabis Commerce appeared first on The Weed Blog.

Leave a Reply

Your email address will not be published. Required fields are marked *