Maine’s cannabis banking crisis calls for smarter regulation

Democratic Senate Sponsor Of Marijuana Banking Bill Says Budget Issues And War Have Delayed Cannabis Reform Efforts

The Democratic Senate sponsor of a marijuana banking bill says that, despite efforts to coordinate meetings around the legislation, other priorities have taken precedence for now. Still, Sen. Jeff Merkley (D-OR) told Marijuana Moment that he’s hopeful the Secure and Fair Enforcement Regulation (SAFER) Banking Act will be taken up “sooner than later.” In a brief interview on Capitol Hill last week, Merkley was asked about the status of the measur…

Maine’s cannabis banking crisis calls for smarter regulation

Hundreds of the state's medical cannabis businesses are facing a return to dangerous cash-only operations.