Democratic control of the U.S. House of Representatives has brought a new wave of support to the cannabis industry. On March 28, 2019, the House Committee on Financial Services voted 45 to 15 to pass H.R. 1595, the Secure and Fair Enforcement Banking (SAFE) Act of 2019, which was drafted "to create protections for depository institutions that provide financial services to cannabis-related legitimate businesses and service providers for such businesses, and for other purposes."
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
- Educational webcasts, resources from industry leaders, and informative newsletters.
- Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.
Already have an account? Sign In