SAFE Banking Act

The cannabis industry's mergers and acquisitions (M&A) landscape is undergoing a transformation, as highlighted in a recent panel discussion led by Scott Greiper, founder and president at Viridian Capital Advisors, at the Benzinga Cannabis Capital Conference in Chicago. This evolving sector...

At the Benzinga Cannabis Capital Conference in Chicago, key figures in the cannabis industry engaged in discussions about the U.S. Senate Banking Committee passing the Secure and Fair Enforcement Regulation (SAFER) Banking Act — and a surprising twist involving cryptocurrency, offering...

In an exclusive address to the Benzinga Cannabis Capital Conference, U.S. Rep. Earl Blumenauer (D-OR) emphasized the remarkable progress and enduring challenges in cannabis legislation. Blumenauer, a longstanding cannabis advocate, traced his involvement in the cause back to 1973 when Oregon...

This article was originally published on The Fresh Toast and appears here with permission. The federal government has given small rays of hope to the cannabis industry, is it ready? The last 2.5 years have been tough for the recreational marijuana industry. Flower prices have plummeted, New...

As we come closer to long-awaited movement on the cannabis banking bill, set for a Senate committee markup on September 27, Senators are circulating a revised bill with an updated title and several new provisions related to federal financial regulations, guidance and reporting...

Federal Cannabis reform is moving closer to reality as the Senate Banking Committee's long-awaited vote on a bipartisan marijuana banking bill becomes imminent. Senate Banking Committee Chairman Sherrod Brown (D-Ohio) told reporters that they hope to announce...

Senate Banking Committee Chairman Sherrod Brown (D-OH) says he'll announce the scheduling of a marijuana banking bill vote in his panel soon, aiming to hold the markup session before October 6. However, he acknowledges that there are unresolved issues among committee members that need to be...

Senate Banking Chair Sherrod Brown (D-OH) is sounding increasingly optimistic about banking reform for the cannabis industry.  Brown reiterated this week that the Secure and Fair Enforcement (SAFE) Banking Act will likely get a committee hearing over the next six...

The intricate web of politics, priorities and pressures in the Senate and House is set to make this fall's legislative session a captivating one. Legislative Focus At the heart of the Senate's bipartisan ambitions is the Secure and Fair Enforcement (SAFE) Banking Act. Senate Banking...

"It's not if, it's just when," said Kim Rivers, CEO of Trulieve Cannabis Corp (OTCQX: TCNNF), regarding the recent recommendation by the Health and Human Services Department (HHS) to the Drug Enforcement Administration (DEA) regarding the rescheduling of cannabis. In a recent...

This article was originally published on The Fresh Toast and appears here with permission An 88% of U.S. adults say that marijuana should be legal for medical and recreational use by adults. Only 10% say marijuana use should not be legal. Despite this, legalization to bring it to a similar...

"This is a new chapter... certainly a monumental decision, a monumental day that could lead to more significant changes," former Senator Cory Gardner (R-CO), NCR Advisory Member said in an exclusive interview with Benzinga discussing the Health and Human Services...

While marijuana legalization generally faces opposion from members of the Republican party, more and more politicians from both sides of the aisle are expressing support for cannabis and are acknowledging the failure of the War on Drugs. According to an...

Will the rescheduling of cannabis fuel a boom in cannabis stocks? Analysts from Z&A delve into the pros and cons of MSOs and cannabis rescheduling in their latest equity research report. Re-scheduling Vs. De-scheduling: What Is The Difference? Re-scheduling cannabis refers to the process of...

Mastercard Inc. (NYSE: MA) recently jolted the cannabis industry with a demand: "In accordance with our policies, we instructed the financial institutions that offer payment services to cannabis merchants and connect them to Mastercard to terminate the activity," stated a Mastercard...