Lawmakers Push for Cannabis Banking Bill with Justice Provisions.

TL;DR Summary
Senate Majority Leader Chuck Schumer is committed to passing the Secure and Fair Enforcement (SAFE) Banking Act, which would protect banks that work with state-legal cannabis businesses from being penalized by federal regulators. However, he also wants to work on an expanded package that promotes equity in the industry and justice for people harmed by the “war on drugs.” Schumer said that while the banking fix is imperative, “the work will continue” on a so-called SAFE Plus package that is also expected to contain language on cannabis expungements and gun rights for cannabis consumers.
- Schumer Applauds Marijuana Banking Bill But Says Adding Justice Provisions Is A 'Moral Responsibility' Marijuana Moment
- Lawmakers reintroduce SAFE Banking Act, a bill the cannabis industry hails as a lifeline CNBC
- Senators unveil bipartisan cannabis banking legislation The Hill
- Canopy, Tilray Lead Weed Stocks Higher on Banking Bill Hopes Yahoo Finance
- Cannabis stocks light up after a group of lawmakers again seeks to protect banks that work with legal marijuan Business Insider India
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