Monthly Archives: May 2017

New Federal Bill Would Allow Banking for Marijuana Businesses

Marijuana businesses can’t openly bank and congressman Ed Perlmutter, D-Colo., is hoping to change that. Perlmutter on Thursday introduced the Secure and Fair Enforcement Banking Act (SAFE Banking Act), legislation that would allow banks to serve marijuana-related businesses without fear of penalties from the federal government. This article was originally published in The Cannabist. Click here to read more.