BY ACM STAFF This week members of the House of Representatives voted 321 to 103 in favor of HR 1595: The SAFE Banking Act, which explicitly amends federal law allowing banks and other financial institutions to work directly with state-legal marijuana businesses. This historic vote marks the first time ever either the House or the …
Congress to Consider SAFE Banking Act. YOU Can Help ACM Staff 280E, the scourge of legal cannabis operations around the country may be up for reform. Tuesday July 23rd, the United States Senate Committee on Banking, Housing, and Urban Affairs will hold hearings on HR1595, the SAFE Banking Act of 2019, sponsored by Colorado Rep. …
BY DR. LLOYD COVENS Banking Reform Gets Historic Win Tue., March 25 was a red-letter day for cannabis reform in Congress. For the first time ever, a cannabis reform bill passed out of committee in the House Financial Services Committee. A solution for the dreaded IRS 280E cannabis problem may be gaining ground at last. …
