POLITICS

U.S. Senate Committee Approves Bipartisan Marijuana Banking Bill, Sending It To The Floor

On Wednesday, members voted to pass the Secure and Fair Enforcement Regulation (SAFER) Banking Act, sponsored by Sens. Jeff Merkley (D-OR) and Steve Daines (R-MT), in a 14-9 vote. This comes one week after it was filed with revisions that were meant to bolster its bipartisan buy-in.

This is a great day for cannabis reform in the US. It’s still early days and needs to pass the Senate with a majority vote in the coming months.