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SAFE Banking Act Gains Cannabis-Friendly Spotlight In Congressional Hearing

PYMNTS

But banks, credit unions and card networks shy away from that industry, despite its revenue potential, due to concerns about federal regulatory punishment. In 2018, consumers in Colorado bought some $1.55 Two of the speakers at the hearing — Colorado Rep. billion worth of legal cannabis products. Cash Dangers.

Oregon 230
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SAFE Banking Act Gains Cannabis-Friendly Spotlight in Congressional Hearing

PYMNTS

But banks, credit unions and card networks — understandably —shy away from that industry despite its revenue potential due to concerns about federal regulatory punishment. In 2018, consumers in Colorado bought some $1.55 Two of the speakers at the hearing — Colorado Ed Perlmutter and Washington state Rep. Cash Dangers.

Oregon 115