SAFE Banking was a much-introduced and more often-sidelined federal bill to provide a safe-harbor for banks doing business with cannabis operators. The new manifestation, the Secure and Fair Enforcement Regulation Banking Act, or the SAFER Banking Act, would ensure that state-sanctioned cannabis businesses have access to deposit accounts, and importantly, it includes insurance and other financial services. Our latest podcast episode seeks to get a handle on the bill’s odds, and possibly what’s next, with Morgan Fox, political director at NORML.
The post EP. 83: SAFER Banking and What it Means for Cannabis Insurance Specialists appeared first on Insurance Journal TV.