Cannabis Report

Cannabis Report: Two Wild Cards Might Block the SAFE Banking Act

Cannabis Report: Two Wild Cards Might Block the SAFE Banking Act
By Early Investing
Date October 3, 2019
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The U.S. House of Representatives made history last week when it passed the Secure and Fair Enforcement (SAFE) Banking Act. It’s the first marijuana reform law ever passed by Congress. And it’s a moment worth celebrating!

But there’s a good chance this bill won’t pass in the Senate. That’s because of two wild cards: Senate Majority Leader Mitch McConnell and Senate Banking Committee Chairman Mike Crapo.

The cannabis industry needs this bill to move forward. It cannot thrive without access to banking services. We’ve listed contact information for McConnell and Crapo below so you can reach out and urge them to pass the SAFE Banking Act.

Mitch McConnell

202.224.2541

317 Russell Senate Office Building
Washington, DC 20510

https://www.mcconnell.senate.gov/public/index.cfm/contact

Mike Crapo

202.224.6142

239 Dirksen Senate Office Building
Washington, DC 20510

www.crapo.senate.gov/contact

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