"After years of bringing up this issue, I'm thrilled to see overwhelming support for this bipartisan, commonsense legislation in the U.S. House once again. I feel optimistic about the path forward for the SAFE Banking Act and, more broadly, reforms to our federal cannabis laws," said Rep. Ed Perlmutter (D-Colo.). (Credit: Yarygin/Shutterstock.com)
The Secure and Fair Enforcement (SAFE) Banking Act, which allows marijuana-related businesses in states with some form of legalized marijuana and strict regulatory structures to access the banking system, has been passed by the U.S. House of Representatives in a 321-101 vote.
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Steve Hallo
Steve Hallo is managing editor of PropertyCasualty360.com. He can be reached at [email protected]
