Rep. Ed Perlmutter

“Everybody thinks it’s just around the corner. It’s going to happen. Just wait a few more months,” pointed out Anthony Coniglio, founder, president and CIO of NewLake Capital Partners Inc. (OTCQX: NLCP) during a discussion at the Benzinga Cannabis Capital...

Senate Majority Leader Chuck Schumer (D-NY) is reportedly "confident" that a bipartisan marijuana banking bill will successfully pass in Congress this session. The reassurance came from Wanda James, CEO of Colorado-based cannabis company Simply Pure, who spoke with Schumer and other...

“I’m not giving up on this darn thing yet,” Rep. Ed Perlmutter (D-CO) said, after the Secure and Fair Enforcement (SAFE) Banking Act was left out of the National Defense Authorization Act (NDAA). Perlmutter, who sponsors the cannabis banking legislation, has another plan:...

Curaleaf Holdings (OTCQX: CURLF) laid off around 220 employees ahead of the Thanksgiving holiday, the Business Insider reported. In a statement to the outlet, Curaleaf said the cuts were "part of an effort to control costs and drive efficiencies in the face of economic uncertainties...

On Wednesday, Rep. Ed Perlmutter (D-CO), Rep. Earl Blumenauer (D-OR), and Sen. Jeff Merkley (D-OR) joined Steven Hawkins, CEO of the U.S. Cannabis Council, for a briefing about marijuana banking reform. The event counted with the participation of Dennis Brown, whose son Jordan, was...

Rep. Ed Perlmutter (D-CO), the House sponsor of a bipartisan cannabis banking bill expressed that the federal legalization measure recently introduced for Senate Majority Leader Chuck Schumer (D-NY) is the “hurdle that lawmakers needed to overcome to finally pass his more modest reform...

Rep. Ed Perlmutter (D-CO), in referring to the Secure and Fair Enforcement (SAFE) Banking Act during a House Rules Committee meeting, noted that this is the second consecutive year he's filed an amendment seeking to add cannabis banking language to the National Defense Authorization...

Rep. Ed Perlmutter (D-CO), House sponsor of a bipartisan marijuana banking reform bill, filed an amendment to the Fiscal Year 2023 National Defense Authorization Act (NDAA) that would be incorporated into the Secure and Fair Enforcement (SAFE) Banking Act, reported Marijuana Moment. Last...

The U.S. House of Representatives approved the Secure and Fair Enforcement (SAFE) Banking Act by a vote of 321-101 on 4/20. This was the fourth time the House passed a bill that seeks to protect banks servicing state-legal cannabis businesses from federal prosecution. Reps. Ed Perlmutter (D)...

New York State Senator Jeremy Cooney presented the first of two pieces of cannabis legislation that should help advance efficiency and compliance across the marijuana banking industry, reported Syracuse.  Under the so-called Cannabis Banking and Disclosure Act, ...

Treasury Secretary Janet Yellen called it “extremely frustrating” that Congress has not yet enacted cannabis banking reform legislation and that her department is “supportive” of the bipartisan Secure and Fair Enforcement (SAFE) Banking Act, reported Marijuana...

The U.S. House of Representatives formally attached a marijuana banking reform amendment to a large-scale bill dealing with innovation and manufacturing, marking the most recent development in the push to protect financial institutions that work with state-legal cannabis businesses. Marijuana...

Rep. Ed Perlmutter (D-Colo.) has attached the SAFE Banking Act, which would allow U.S. financial institutions to do business with legal cannabis entities, as an amendment to the America Competes Act. Perlmutter made the announcement in a Tweet Friday afternoon. "Cannabis-related...

The latest version of Congress’s defense bill has left out a number of provisions that were in the House-approved National Defense Authorization Act (NDAA), including the much-anticipated marijuana banking reform known as the Secure and Fair Enforcement (SAFE) Banking Act....