Cannabis Banking Reform News

"Congress Nears Breakthrough on Cannabis and Stablecoin Legislation"

Former U.S. Sen. Cory Gardner and former U.S. Rep. Ed Perlmutter discussed the potential attachment of the SAFER Banking Act to the FAA reauthorization bill, signaling progress towards cannabis banking reform. Gardner emphasized the need for bipartisan support, while Perlmutter expressed optimism, citing the Senate Banking Committee's approval of the act. Industry insiders highlighted the uphill battle for cannabis reform but noted significant changes in recent years, with hopes for imminent regulatory changes benefiting the cannabis industry.