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3 Trillion Dollar Coronavirus Stimulus The Safe Banking Act For Marijuana
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The Safe Banking act could help end marijuana prohibition.

It would also help reduce crime where legal medical marijuana and adult use marijuana businesses operate.

Wrapped into the massive, 1,815-page bill is an initiative led by Colorado Democratic Rep. Ed Perlmutter known as the Secure and Fair Enforcement (SAFE) Banking Act, which would allow legal cannabis businesses to leverage traditional banking services.

Proponents of the bill, which passed the House on its own last September, say it promotes public safety by offering the marijuana industry an alternative to dealing in cash — a factor experts say is motivating an increasing number of burglaries at dispensaries and cultivations. The SAFE Banking Act has been under review by the Senate Committee on Banking, Housing and Urban Affairs since last year.


3 Trillion Dollar Coronavirus Stimulus The Safe Banking Act For Marijuana
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