"Push for Cannabis Banking Legislation Gains Momentum Amid Bipartisan Support"

1 min read
Source: Marijuana Moment
"Push for Cannabis Banking Legislation Gains Momentum Amid Bipartisan Support"
Photo: Marijuana Moment
TL;DR Summary

Senate Majority Leader Chuck Schumer is circulating a petition to garner support for the marijuana banking bill, emphasizing the need for comprehensive federal cannabis legalization. The Secure and Fair Enforcement Regulation (SAFER) Banking Act, which aims to provide banking services to marijuana businesses, is gaining momentum in Congress. Schumer is urging people to sign the petition and support the bill, highlighting the challenges faced by legal marijuana businesses in accessing basic banking services. Lawmakers are optimistic about the bill's prospects, with negotiations ongoing to reach a final agreement and potential amendments to include provisions on state-legal cannabis expungements and gun rights for cannabis consumers.

Share this article

Reading Insights

Total Reads

0

Unique Readers

1

Time Saved

4 min

vs 5 min read

Condensed

89%

934104 words

Want the full story? Read the original article

Read on Marijuana Moment