Monday, October 13, 2025
MWH
  • Home
  • Politics
  • Business
  • Lifestyle
  • Medical
  • Shop
No Result
View All Result
  • Home
  • Politics
  • Business
  • Lifestyle
  • Medical
  • Shop
No Result
View All Result
Marijuana with Hemp
No Result
View All Result
Home Business

Republican Senator Releases Ad for SAFE Banking Act

Graham Cooper by Graham Cooper
June 16, 2022
in Business, Featured
Share on FacebookShare on Twitter
126

A Republican Senator from Montana has created a video ad in hopes to raise the prospects of his own sponsored SAFE Banking Bill.

SAFE Banking would make it legally “safe” for banks to deal with marijuana companies, including dispensaries. Because it is now a legal gray area, many dispensaries have to deal in cash, which is very dangerous and has led to a spike in armed robberies.

In the ad, the CEO of Montana Bankers Association discusses the importance of the bill.

“It’s going to be very difficult, unless the SAFE Banking Act passes, for marijuana-related businesses to actually set up accounts and do financial transactions in the way most of us do.”

At another point, he makes the point that the banking industry of Montana opposes legal marijuana in the state. However, since the voters disagreed, they wish to serve legal businesses in the state.

“Our banks, they want to do the right thing in their communities. They want to serve the businesses that are there. It’s a legal business. The SAFE Banking Act, which Senator Daines is sponsoring, would go a long way toward helping banks understand what the rules are. We’re very grateful to Senator Daines for his efforts to help clarify what financial institutions, notably banks, can and can’t do as it relates to cannabis.”

The SAFE Banking Act has passed the House six times now, and has been held up in the Senate by Democrats looking to pass their own sweeping marijuana legalization bill. That bill has been delayed multiple times, with a new projection of it receiving a hearing in August.

 

Visits: 741
Previous Post

Marijuana May Actually be the Opposite of a Gateway Drug, Study Shows

Next Post

What’s the deal with Kush, Colorado?

Graham Cooper

Graham Cooper

Next Post
What’s the deal with Kush, Colorado?

What’s the deal with Kush, Colorado?

ADVERTISEMENT
  • Former NBA Player Smoked Cannabis Before Interviewing Kamala Harris

    Former NBA Player Smoked Cannabis Before Interviewing Kamala Harris

    0 shares
    Share 0 Tweet 0
  • Where is marijuana on the ballot in November?

    0 shares
    Share 0 Tweet 0
  • Doordash gets into the Weed Delivery Business

    0 shares
    Share 0 Tweet 0
  • Barstool Sports Delves Into the Realm of Cannabis

    0 shares
    Share 0 Tweet 0
  • Kamala Harris Didn’t Talk With Rogan About Legalization, She Should Have

    0 shares
    Share 0 Tweet 0
  • Trending
  • Comments
  • Latest
Biden Finally Comments on Marijuana Pardons

Biden Finally Comments on Marijuana Pardons

July 19, 2022
The Battle Between Weed Enthusiasts and the Fearful Media

The Battle Between Weed Enthusiasts and the Fearful Media

July 14, 2022
Cannabis Use Now Surpasses Alcohol Use According to new Study

Cannabis Use Now Surpasses Alcohol Use According to new Study

0
Biden is trying to win the election by getting more people high, Senator says

Biden is trying to win the election by getting more people high, Senator says

0
Supreme Court Once Again Asked to Interject On Another Cannabis Firearm Case

Supreme Court Once Again Asked to Interject On Another Cannabis Firearm Case

October 10, 2025
Trump Can Outplay Democrats By Legalizing Cannabis According to Roger Stone

Trump Can Outplay Democrats By Legalizing Cannabis According to Roger Stone

October 7, 2025
ADVERTISEMENT
Marijuana with Hemp

Browse by Category

  • Business
  • Featured
  • Hemp Politics
  • Lifestyle
  • Medical
  • Medical Marijuana
  • Politics

Recent News

Supreme Court Once Again Asked to Interject On Another Cannabis Firearm Case

Supreme Court Once Again Asked to Interject On Another Cannabis Firearm Case

October 10, 2025
Trump Can Outplay Democrats By Legalizing Cannabis According to Roger Stone

Trump Can Outplay Democrats By Legalizing Cannabis According to Roger Stone

October 7, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2024 Marijuana With Hemp

No Result
View All Result
  • Home
  • Politics
  • Business
  • Lifestyle
  • Medical
  • Shop

© 2024 Marijuana With Hemp