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More than 70% of cannabis businesses say that the “lack of access to banking or investment capital” is their top challenge, according to a recent survey....
Due to the ongoing U.S. federal prohibition of cannabis, states must implement their own regulations and various excise and sales taxes. Excise taxes in many Western...
The Secure and Fair Enforcement (SAFE) Banking Act, from Rep. Ed Perlmutter (D-CO), has passed the House on several occasions but stalled in the Senate. With...
“This is a huge step forward toward a more just criminal justice system and more rational drug policy. Now it’s time for Congress and states to...
Rep. Ed Perlmutter said the SAFE Banking bill “obviously is a public safety issue. It is a tax issue. It is an issue of civil justice...
On Friday, White House Press Secretary Karine Jean-Pierre said the President’s stance on cannabis is unchanged. Democrats are becoming more vocal about cannabis policy reforms as the midterms...
A poll commissioned by a national banking industry group has found that nearly two-thirds of U.S. voters support allowing financial institutions to provide banking services to...
Former cannabis regulators release an extensive analysis describing the problems with the SAFE Banking Act, and how to improve it. A paper written by the Cannabis...
Many in the cannabis industry saw the SAFE Banking Act as the saving grace for the financial troubles of the cannabis industry. The act was meant to change...
“The Senate continues to ignore the public safety risk of forcing cannabis businesses to deal in all cash,” said Ed Perlmutter, (D-CO), who sponsored the legislation....
