Archive: safe banking act
News Fix: Cannabis Industry Reaches New Highs
By Allison Brickell on April 20, 2022
It’s April 20, which means cannabis enthusiasts around the country are celebrating what Ronald Reagan once called “probably the most dangerous drug in the United States.” Today, that remark seems pretty outdated. A full 37 states have legalized marijuana in some form (medically or recreationally). Eighteen states have legalized recreational marijuana. And an overwhelming majority of Americans support legalization. A 2021 Pew Research poll shows a staggering 91% of Americans…
Cannabis Companies Spend Record Amount on Lobbying
By Allison Brickell on November 4, 2019
Cannabis companies have spent a record amount on lobbying this year. Here’s why.
Cannabis Report: Two Wild Cards Might Block the SAFE Banking Act
By Early Investing on October 3, 2019
The House made history last week when it passed the first marijuana reform law ever. But there are a couple of reasons why this bill may not make it past the Senate.
Number of Financial Institutions Serving Cannabis Companies Nearly Doubles in Two Years
By Allison Brickell on July 15, 2019
The cannabis industry has a banking problem. But financial institutions want to change that - and the government is taking steps to make it happen.