Marijuana Banking Vote Delayed Despite State Associations' Rally

1 min read
Source: Marijuana Moment
Marijuana Banking Vote Delayed Despite State Associations' Rally
Photo: Marijuana Moment
TL;DR Summary

A coalition of state marijuana associations, including the American Trade Association for Cannabis and Hemp (ATACH), is urging Senate leaders to pass the Secure and Fair Enforcement (SAFE) Banking Act without delay. The associations argue that the current lack of access to banking services for marijuana businesses is leading to public health and safety risks, including armed robberies and violence. However, the letter comes after Senate Banking Committee Chairman Sherrod Brown reportedly stated that there will be no vote on the bill in his panel next week. Disagreements over certain sections of the bill and the inclusion of social justice reforms have contributed to the delay.

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