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Benzinga
Benzinga
Business
Nina Zdinjak

GOP Sen. Daines Wants Cannabis Banking Approved: Releases Ad With CEO Of Montana Bankers Association

Senator Steve Daines (R-MT) continues to fight for cannabis companies to have access to banking services via the Secure and Fair Enforcement (SAFE) Banking Act, which has been approved by the House several times already. The GOP Senator released a video ad on Monday in which Cary Hegreberg, the CEO of the Montana Bankers Association shared his thought on the benefits of the proposed legislation. 

“Banks are really the lifeblood of virtually every community in Montana,” Hegreberg said in the video. “It’s going to be very difficult, unless the SAFE Banking Act passes, for marijuana-related businesses to actually set up accounts and do financial transactions in the way most of us do.”

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