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SAFE Banking Act Gains Cannabis-Friendly Spotlight In Congressional Hearing

PYMNTS

In 2018, consumers in Colorado bought some $1.55 Two of the speakers at the hearing — Colorado Rep. Denny Heck, both Democratic members of Congress from states with legal marijuana — back the Secure and Fair Enforcement of Banking Act of 2019 , or the SAFE Banking Act, as it is more commonly known.

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

PYMNTS

In 2018, consumers in Colorado bought some $1.55 Two of the speakers at the hearing — Colorado Ed Perlmutter and Washington state 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.

Oregon 115
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Bankers: Is your strategy the same as your competitor?

Jeff For Banks

It is annual report season, meaning publicly traded financial institutions are finalizing their 2013 numbers and submitting their 10k''s to the Securities and Exchange Commission (SEC). We are primarily a secured lender, with our greatest concentration of loans in Texas. In preparation for meetings, I frequently read 10k''s.

Strategy 100