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Benzinga
Benzinga
Business
Joana Scopel

State Treasurers Support SAFE Banking For Cannabis, Anti-Money Laundering Specialist Weighs In

Marijuana

The National Association of State Treasurers (NAST) reaffirmed its support for the SAFE Banking Act, which would grant marijuana companies access to traditional banking services.

Though NAST does not take a position on cannabis legalization, the bipartisan treasurers support legislation to fix the cannabis banking problem stemming from federal prohibition, reported Marijuana Moment.

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