banking legislation

The marijuana-related banking industry took major steps forward on September 27, 2023, when the Senate Committee passed the Secure and Fair Enforcement Regulation (SAFER) Banking Act after weeks of negotiations and revisions to reach a bipartisan agreement. The bill would secure access for marijuana-related businesses (MRBs) to financial institutions. Terri Luttrell and Michael O’Neill, aka “The Cannabis Banker,” join the podcast to discuss the future of the SAFER Banking Act and what it means for financial institutions. They’ll give predictions for marijuana’s de-scheduling, what to expect from regulators, and what banks can do to work safely with MRBs in the meantime.  

Helpful links: 

Blog: SAFER Banking Act passes Senate Banking Committee  

Webinar: Banking marijuana-related businesses  

Podcast: Ahead of the curve: A banker's podcast episode 3 - Cannabis lending - Abrigo 

Here's the latest from the "Cannabis Daily" podcast team!!

Remember, we've recently released bonus episodes of the podcast featuring content from our Business of Cannabis: New York live event. Make sure you go back and find them in your favorite app. 

Today's stories:

• Rep. Ed Perlmutter (D-CO) has stated he will be immediately working to attach banking legislation to pending omnibus appropriations legislation after it was not included in the National Defense Authorization Act (NDAA), reports Marijuana Moment. 
• There is a global renaissance underway for the cannabis legacy farmer, with governments beginning to shape public policy to help them, writes Cannabis Business Times. 
• Writing for Cannabis Wealth, Michael Sassano explores the changing cannabis policy landscape in Europe with a focus on Germany
• According to Prohibition Partners’ The Global Cannabis Report: 3rd Edition the residual fallout from the pandemic and ongoing war in Ukraine have dragged global stock market prices down 25% this year, reports BussinessCann.  the differences in cannabis regulations between the various state programmes in the United States compared to Germany, writes Tucson

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And here's some bonus content we released from the Business of Cannabis: New York Live event.

About Cannabis Daily.

Cannabis Daily is a cannabis news and interview program from Business of Cannabis. We highlight the companies, brands, people and trends driving the cannabis industry.

Business of Cannabis is a cannabis industry platform marrying cannabis news, video and podcast content, newsletters and online and real-world cannabis events.

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