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Benzinga

Business

Fermin Orgambide

EXCLUSIVE: Why This Cannabis Finance Exec Fears The SAFE Banking Act May Not Survive In Present Form

SAFE Banking Safe AFC Nasdaq

Leonard Tannenbaum, founder, chairman and CEO of AFC Gamma Inc (NASDAQ:AFCG), does not hold much hope the SAFE Banking Act will pass into law this year.

In an interview with Brady Cobb, founder of Sunburn Cannabis, at the Benzinga Cannabis Capital Conference on Wednesday, Tannenbaum said the much-anticipated SAFE Banking Act does not show many signs of passing this year in its current state, even together with the America COMPETES Act.

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