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SAFE Banking Act Gains Cannabis-Friendly Spotlight In Congressional Hearing

PYMNTS

That’s because it marked the first hearing dedicated to a proposed bill in Congress that would offer financial institutions protections against federal regulators when dealing with legal cannabis operations. In 2018, consumers in Colorado bought some $1.55 Two of the speakers at the hearing — Colorado Rep. Cash Dangers.

Oregon 230
article thumbnail

SAFE Banking Act Gains Cannabis-Friendly Spotlight in Congressional Hearing

PYMNTS

That’s because it marked the first hearing dedicated to a proposed bill in Congress that would offer financial institutions protections against federal regulators if dealing with legal cannabis operations. In 2018, consumers in Colorado bought some $1.55 billion worth of legal cannabis products. Cash Dangers.

Oregon 115