Banking and Cannabis — Updated Briefing on the SAFE Banking Act and STATES Act
Client Memorandum

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For those following Congressional efforts to solve the challenges of banking the cannabis sector, we have updated our briefing on the two pending bills in light of the Senate Banking Committee hearing on Tuesday July 23 on "Challenges for Cannabis and Banking: Outside Perspectives." We cover both of the two primary bills: the Secure and Fair Enforcement Banking Act (the SAFE Banking Act) and the Strengthening the Tenth Amendment Through Entrusting States Act (the STATES Act).