ABA addresses senator’s concerns over cannabis banking bill

Posted by - January 10, 2020

The banking group wants federal lawmakers to pick up the pace on the SAFE Banking Act One of the biggest opponents of any cannabis legislation to pass is a member of the Senate Banking Committee, Chairman Mike Crapo. Last month, Crapo raised his personal concerns regarding the SAFE Banking Act, which will allow cannabis-related industries

Marijuana banking could come as soon as next month

Posted by - September 10, 2019

The American Bankers Association is optimistic that change is coming soon If the American Bankers Association (ABA) is correct, marijuana businesses could be able to work with financial institutions as early as next month. The group predicts that the US House of Representatives will pass legislation in October, at the latest, that would allow banks

American Bar Association weighs in on marijuana debate

Posted by - August 14, 2019

The group wants Congress to allow states to create their own policies The American Bar Association (ABA) is the latest to assert that the federal government needs to refrain from creating marijuana policies. The group adopted a resolution this past Monday that would push Congress to back off and allow states full control over their marijuana