Bonamici Praises Passage of Legislation That Allows Cannabis, Hemp Businesses to Access Financial Services
September 25, 2019
September 25, 2019
WASHINGTON, Sept. 25 -- Rep. Suzanne Bonamici, D-Oregon, issued the following news release:
Today Congresswoman Suzanne Bonamici (D-OR) praised the House passage of legislation to provide cannabis and hemp businesses with access to financial services and products.
The SAFE Banking Act would allow state-licensed cannabis and hemp businesses to use banking services and products. Currently, federal law prohibits financial institutions from offering services to cannabis bus . . .
Today Congresswoman Suzanne Bonamici (D-OR) praised the House passage of legislation to provide cannabis and hemp businesses with access to financial services and products.
The SAFE Banking Act would allow state-licensed cannabis and hemp businesses to use banking services and products. Currently, federal law prohibits financial institutions from offering services to cannabis bus . . .