The SAFE Banking Act already passed the House of Representatives by a wide margin in fall of 2019, but it appears headed back to the Senate as part of the CARES 2.0 package for Coronavirus relief. Will the Covid-19 pandemic help cannabis banking become law? Call your Senator and tell them to support CARES 2.0 …
Big news! Illinois has introduced two new bills to make lending to cannabis businesses “safe and sound” banking practices. For those of you that don’t know, I’m a bank lawyer that has been expanding into the cannabis space in Illinois for the past few years. All my clients, or most, did not want to touch …
Illinois Cannabis Banking Act Bills Introduced to Make Cannabis Bankable Read More »
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