Recommended content

Marijuana banking will follow major budget bill, Congress promises

Congress will return to long-awaited, key marijuana industry priorities such as banking protections in the fall, according to Washington insiders.

“In my mind, we have a really, really good opportunity to get SAFE Banking done during this Congress,” David Culver, the senior vice president of the U.S. Cannabis Roundtable, a major Washington lobby group, told MJBizDaily on Thursday.

ADVERTISEMENT

“It’s the best opportunity we’ve ever had.”

But SAFER Banking will have to wait until after Congress passes President Donald Trump’s prized One Big Beautiful Bill Act, lawmakers and lobbyists agree.

Marijuana banking reform ‘hopefully in the fall’

But Congress has more important priorities before it can turn to cannabis, Ohio Republican Sen. Bernie Moreno said last week.

The freshman senator, whose state launched adult-use marijuana

Read full article on Marijuana Business Daily

Follow us on Instagram or join us on facebook page

Be first to rate

Marijuana Business Daily
Source

More news