SAFE Banking Act returns to Congress: Is safe harbor for cannabis banking on the horizon?
Abrigo
MAY 24, 2023
If signed into law, the SAFE Act would allow banks to provide services to cannabis-related businesses (CRBs) in states that have passed the legalization of marijuana in some form. According to a letter from the American Bankers Association (ABA) to the Senate Banking Committee, only about 11 percent of all U.S.
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