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Cannabis-banking bill’s last chance for 2022 just went up in smoke

December 20, 2022


The SAFE Banking Act was excluded from the $1.7 trillion government funding bill, sources told Bloomberg, Politico and Marijuana Moment on Monday — meaning the perennial cannabis banking reform measure will have to be reintroduced during the next congressional session, which begins Jan. 3.

“The failure to pass my bipartisan ‘SAFE Banking Act’ means communities in Montana and across our country will remain vulnerable to crime where legal businesses are forced to operate in all-cash,” Sen. Steve Daines, R-MT, said in a statement seen by Marijuana Moment.

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