A new Main Street Matters post breaks down what's next for cannabis banking following the bipartisan House vote advancing the SAFE Banking Act.
The post from ICBA's Aaron Stetter recaps the House activity and previews Senate activity on the bill, which would create a safe harbor for financial institutions and ancillary companies that serve cannabis-related businesses in states where cannabis is legal.
ICBA was the first national banking trade group to support the SAFE Banking Act and encourages community bankers to urge the Senate to bring the bill to the floor for a vote.
Read the Blog Post
The post from ICBA's Aaron Stetter recaps the House activity and previews Senate activity on the bill, which would create a safe harbor for financial institutions and ancillary companies that serve cannabis-related businesses in states where cannabis is legal.
ICBA was the first national banking trade group to support the SAFE Banking Act and encourages community bankers to urge the Senate to bring the bill to the floor for a vote.
Read the Blog Post