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Tag Archive: SAFE Banking Act

Senators Launch Long-Awaited Push On Cannabis Reform

Senate Democrats made good on their pledge to introduce a comprehensive cannabis reform bill last week when Senate Majority Leader Chuck Schumer, along with Senators Ron Wyden and Cory Booker, filed the Cannabis Administration and Opportunity Act (CAOA). Continue reading →

Posted in News on July 26, 2022

Congress Scraps SAFE Banking Again, But Stock Listing Now On The Table

The SAFE Banking Act has floundered in the U.S. Senate once again now that it will not be included in the forthcoming COMPETES Act. Continue reading →

Posted in News on June 28, 2022

Perlmutter Hints At New Strategies To Pass SAFE Banking Act

Speaking at the International Cannabis Bar Association conference on Thursday, Representative Ed Perlmutter again expressed hope that the SAFE Banking Act, which he sponsors, could be included in the America Competes Act, Law 360 reported. Continue reading →

Posted in News on June 14, 2022

Cannabis Briefs for May 17, 2022

•Recreational cannabis sales in Michigan experienced a huge upswing in April as they grew to nearly $168 million for the month. Continue reading →

Posted in News on May 17, 2022

Schumer Plans To File Federal Legalization in April, SAFE Banking Passes House Again

Senate Majority Leader Chuck Schumer held a press conference late last week in which he announced plans to file his legislation for federal cannabis legalization in April. Continue reading →

Posted in News on February 8, 2022

SAFE Banking Act Pulled From Defense Bill, Dead In 2021

After being passed by the House of Representatives as part of the annual $768 billion defense spending bill last week, the SAFE Banking Act was removed from the Senate’s version of the legislation, ending its chances of becoming law this year. Continue reading →

Posted in News on December 14, 2021

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