Category Archives: bank

Congress looks into allowing banking for marijuana businesses

U.S. lawmakers are once again exploring efforts to allow legal cannabis businesses access to banks. The Democratic-controlled House Financial Services Committee on Wednesday held a hearing to discuss the Secure and Fair Enforcement Banking Act of 2019, also known as the SAFE Banking Act, reports Yahoo Finance. “We’re trying to examine how outdated banking regulations […]

Q&A: Oregon Sen. Jeff Merkley pushes for safe banking in the legal marijuana industry

(photo courtesy Sen. Jeff Merkley on Facebook) Jeff Merkley is no stranger to cannabis law reform in the America. The Oregon lawmaker came out as the first U.S. senator to vote for a legal marijuana bill when his state voted to pass Measure 91 in 2014. He has since worked on further marijuana law reforms […]