Latest In: SAFE Banking Act

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Chart of cannabis M&A activity by year and state.

Marijuana M&A has cooled in 2022, but it’s ‘far from disastrous,’ insiders say

After 2021’s record-breaking year for mergers and acquisitions, many marijuana industry insiders predicted that 2022 would be an…

News September 28
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Key senator open to compromise, hopeful of some US marijuana reform

U.S. Sen. Cory Booker said this week he would support cannabis banking reform separate from a comprehensive federal…

News August 5
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Amber Littlejohn steps down as Minority Cannabis Business Association chief

Amber Littlejohn, a national advocate for equity in the marijuana industry, has stepped down as executive director of…

News July 26
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SAFE Banking cannabis bill included in US House defense bill

The U.S. House of Representatives, as expected, voted Thursday to include the SAFE Banking Act in the fiscal…

News July 15
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Proposed Pennsylvania law could ease marijuana banking in state

A proposed bill in Pennsylvania would shield from prosecution banks, credit unions, and insurance companies that do business…

News July 8
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Key marijuana banking ally continues fight to get SAFE across finish line

U.S. Rep. Ed Perlmutter continues to push for marijuana banking reform, this time by filing the SAFE Banking…

News July 1
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Marijuana banking could pass this year with criminal expungement, reports say

The passage of federal cannabis banking reform is considered possible this year, provided it's combined with an existing…

News June 10
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US mayors, financial institutions throw support behind cannabis banking reform

The U.S. Conference of Mayors and two leading banking organizations have joined the call for the U.S. Congress…

News June 9
America Competes Act cannabis banking reform SAFE Banking Act US Rep. Earl Blumenaeur
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US lawmaker Blumenauer sees clearer pathway for cannabis banking reform

U.S. Rep. Earl Blumenauer expressed optimism Monday about the odds of cannabis banking reform finally being passed by…

News May 16
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