Cannabis News Box

Cannabis banking approved by U.S. House for potential inclusion in $3 trillion stimulus bill

Bethan Rose Jenkins, Cannabis News Writer/Editorial May 26, 2020

The $3 trillion stimulus bill that previously excluded cannabis companies could soon be amended to serve state-legal businesses. On Friday, May 15, the U.S. House of Representatives passed a bill along...

House looks set to approve cannabis banking bill, Senate approval could be difficult

Financial firms that deal primarily with the hemp industry also stand to be protected by the SAFE Banking Act
Bethan Rose Jenkins, Cannabis News Writer/Editorial October 1, 2019

Less than a week ago, the Democratic-steered House of Representatives voted in favor of a bill's passing that would safeguard banking institutions involved in the cannabis industry. This is a victorious...

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Secure And Fair Enforcement (SAFE) Banking Act