US Senator Kirsten Gillibrand
Gillibrand Pushes For Bipartisan, Bicameral Bill To Enhance Banking Access For Legal Cannabis Businesses
This week, U.S. Senator Kirsten Gillibrand is pushing for the bipartisan, bicameral Secure and Fair Enforcement (SAFE) Banking Act to ensure that legal cannabis businesses have access to critical banking and financial services. Most state legal medicinal or recreational cannabis businesses are denied access to traditional and secure banking systems and financial services because banks fear they may be prosecuted under federal law given the ongoing federal restrictions on cannabis.