Congresswoman Advocates for Marijuana Banking Reform
In a bid to advance cannabis legislation, Congresswoman Maxine Waters (D- CA) champions the need for marijuana banking reform, highlighting bipartisan collaboration. Waters, a ranking member of the House Financial Services Committee, stresses the urgency of passing the Secure and Fair Enforcement Regulation (SAFER) Banking Act, reported Marijuana Moment. This legislation aims to provide banking services to cannabis businesses, addressing their current lack of access to traditional financial institutions due to federal prohibition.
Despite potential challenges from Senate Minority Leader Mitch McConnell, Waters expresses optimism and determination to overcome obstacles.
“I know that there may be some concerns with McConnell, but I am hopeful that we can overcome that (…), we’ve got to have SAFER Banking, and most of us who have been working on this …
Full story available on Benzinga.com
Congresswoman Advocates for Marijuana Banking Reform
In a bid to advance cannabis legislation, Congresswoman Maxine Waters (D- CA) champions the need for marijuana banking reform, highlighting bipartisan collaboration. Waters, a ranking member of the House Financial Services Committee, stresses the urgency of passing the Secure and Fair Enforcement Regulation (SAFER) Banking Act, reported Marijuana Moment. This legislation aims to provide banking services to cannabis businesses, addressing their current lack of access to traditional financial institutions due to federal prohibition.
Despite potential challenges from Senate Minority Leader Mitch McConnell, Waters expresses optimism and determination to overcome obstacles.
“I know that there may be some concerns with McConnell, but I am hopeful that we can overcome that (…), we’ve got to have SAFER Banking, and most of us who have been working on this …
Full story available on Benzinga.com
Congresswoman Advocates for Marijuana Banking Reform
In a bid to advance cannabis legislation, Congresswoman Maxine Waters (D- CA) champions the need for marijuana banking reform, highlighting bipartisan collaboration. Waters, a ranking member of the House Financial Services Committee, stresses the urgency of passing the Secure and Fair Enforcement Regulation (SAFER) Banking Act, reported Marijuana Moment. This legislation aims to provide banking services to cannabis businesses, addressing their current lack of access to traditional financial institutions due to federal prohibition.
Despite potential challenges from Senate Minority Leader Mitch McConnell, Waters expresses optimism and determination to overcome obstacles.
“I know that there may be some concerns with McConnell, but I am hopeful that we can overcome that (…), we’ve got to have SAFER Banking, and most of us who have been working on this …Full story available on Benzinga.com Read MoreCannabis, Cannabis, Government, New Hampshire, News, regulation, Regulations, Safer Act, update, WASHIGTON, Markets, News, Government, Cannabis, Regulations, Markets, Benzinga Markets
