SAFE Act Would Create Jobs, Promote Equity, Make Communities Safer

Roundtable Letter to Bill Authors Highlights the Win, Win, Win of Cannabis Reform

The National Cannabis Roundtable applauded the introduction of the Secure and Fair Enforcement Act (SAFE) Banking Act in the House of Representatives today, noting its benefits to the economy, social equity, public safety and accountability.

SAFE creates a safe harbor for financial institutions to bank the proceeds of state-legal cannabis businesses, bringing new assets, protections and opportunities to bear for patients, consumers, small business owners, job seekers and communities-at-large.

NCR First Vice Chair, Dr. Chanda Macias said, “SAFE is a win, win, win, for providers and their communities. It will create more jobs, more opportunity and more public safety. We will work hard for passage of this key piece of bipartisan cannabis reform in this Congress.”

Read the full release here.