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House GOP Divided Over Cannabis, Strikes Banking Protections From Bill: 'Respect The Will Of These States'
Thursday, July 11, 2024 - 9:48am | 569House Republicans have removed a provision from an essential government funding bill that would have protected banks serving legal cannabis businesses from federal penalties. This decision marks a setback for the legal marijuana industry, highlighting ongoing tensions within Congress over cannabis...
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Schumer Sets Summer Agenda, Calls For GOP Support To Pass Marijuana Banking Bill
Monday, July 10, 2023 - 4:59pm | 791In his weekly Dear Colleagues letter, Senate Majority Leader Chuck Schumer (D-NY) outlined priorities for the upcoming summer work session in the Senate, highlighting the passage of a marijuana banking bill as a key objective. He acknowledged that achieving this goal "will not be...
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Senate Committee Officially Schedules Hearing On Cannabis Banking For May 11, Pot Stocks Bounce
Thursday, May 4, 2023 - 10:37pm | 448The Senate Banking Committee has officially scheduled a hearing to take up the Secure and Fair Enforcement (SAFE) Banking Act on Thursday, May 11 at a meeting titled “Examining Cannabis Banking Challenges of Small Businesses and Workers,” reported Marijuana Moment Thursday evening...
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Senator Sherrod Brown Says Marijuana Banking Bill Could Get A Hearing Next Week
Thursday, May 4, 2023 - 3:44pm | 395Ohio Senator Sherrod Brown (D) said on Thursday that a hearing on bipartisan banking could happen as soon as next week, reported Marijuana Moment. Brown, Senate Banking Committee Chairman, told NBC News reporters that his panel could hold a hearing on the Secure and Fair Enforcement (SAFE)...
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Reps. Perlmutter, Smith And Rogers Urge Marijuana Banking Be Added To National Defense Bill, Call Schumer An Obstacle
Tuesday, July 12, 2022 - 5:09pm | 514Rep. 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...
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Cashless Bank Transfers For Cannabis Companies? 22 Governors Say Yes And Take Their Case To Congress
Thursday, November 11, 2021 - 11:56am | 482Politicians, some of them, have finally decided to do something about the seemingly endless cannabis banking problem. Colorado Governor Jared Polis, Michigan Governor Gretchen Whitmer and 20 other state governors signed a letter demanding that Congress pass the Secure and Fair Enforcement...