Equity cannabis licensees and applicants from New York and New Jersey are urging Senate Majority Leader Chuck Schumer (D-NY) to get the United States get the Secure and Fair Enforcement (SAFE) Banking Act passed in the Senate.
A total of 40 signatories joined that call to demand the Senate pass marijuana banking reform in order to lower barriers to entry to the industry for minority businesses and also to increase public safety. Entrepreneurs are also demanding a plenary vote to lift the federal ban that prohibits financial institutions from providing services to marijuana businesses.
