What the SAFE Banking Act Means for Banks and Cannabis - a podcast by American Bankers Association

from 2019-09-26T19:42:06

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On Sept. 25, the House passed a landmark cannabis bill: the SAFE Banking Act, which would provide clarity to banks seeking to serve legitimate marijuana businesses. In this bonus episode, ABA’s policy team breaks down: the significance of the House vote, which carried with an overwhelming bipartisan majority; the mechanics of how the SAFE Banking Act address the conflict between federal and state laws over cannabis; and the outlook for cannabis legislation in the Senate and ABA’s continued advocacy.

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