Cannabis consumers pay higher prices, and their favorite suppliers run the risk of robbery because the federal government treats banking legal cannabis dollars like banking heroin itself.
Last week, about 40 Senators introduced the SAFE Banking Act as a bill in Congress and it’s heading to the Senate Banking Committee.
What’s actually in SAFE Banking? What chances does it have of passing? Listen to Leafly Senior Editor David Downs breaking it down for National Public Radio affiliate KCRW in Santa Monica, CA. We’ve been doing a three-year-running ‘This Week in Weed’ appearance there.
“We know the SAFE Banking Act has passed the House seven times. It’s never passed in the Senate, and now that there’s been a change in Congress, it remains to be seen how it’ll progress this time.”
David Downs, Leafly Senior Editor
Read KCRW’s full post ‘Cannabis shops can avoid theft, get loans with SAFE Banking Act.’
