SAFE Banking Act Gains Cannabis-Friendly Spotlight In Congressional Hearing
PYMNTS
FEBRUARY 14, 2019
In 2018, consumers in Colorado bought some $1.55 market for legal weed. Two of the speakers at the hearing — Colorado Rep. Such prohibition could involve limiting FDIC protections for those deposits, for example, or trying to prevent loans to those businesses. billion worth of legal cannabis products. SAFE Banking Act.
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