Cannabis Knowledge & Insights

Will the SAFE Banking Act Save Cannabis?

We tackle the long history of the SAFE Banking Act with David Abernathy, Principal at Arcview Consulting, This legislation, aimed at clearing the path to banking for the cannabis industry, has been bouncing around Congress for years. Last week it was passed in the House of Representatives (for the 5th time) as part of a Defense Spending bill. In this video we discuss the details of the SAFE Banking Act, assess its likelihood of becoming law, and offer opinions on how it’ll impact the cannabis industry, for better or worse.

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