Tag Archives: SAFE Banking Act

Safe Banking Act Will Grow Marijuana Industry

Posted on May 7, 2020 by Kathy Valente

The SAFE Banking Act is a federal bill that would give the “medical” and recreational marijuana industries (and cartels) access to banking privileges, such as checking and savings accounts, credit lines and loans, enabling and legitimizing what has been an all cash trade to make real estate deals, payroll, insurance and operating costs much easier.

Posted in Federal, Marijuana | Tagged Adam Kinzinger, Bill Foster, Bobby Rush, Brad Schneider, Cannabis, Cheri Bustos, COVID–19, Crain's Chicago Business, Cresco Labs, Daniel Lipinski, Danny Davis, Dick Dubin, Dina Rollman, Donald Trump, Ed Perlmutter, Green Thumb Industries, Jan Schakowsky, Jesus Garcia, John Sullivan, Lauren Underwood, Mike Bost, Mike Quigley, Raja Krishnamoorthi, Recreational Marijuana, Robin Kelly, Rodney David, SAFE Banking Act, Sean Casten, Tammy Duckworth | Comments Off