We found a match
Your institution may have access to this item. Find your institution then sign in to continue.
- Title
A Safer Direction for Cannabis Banking: A Critical Analysis and Proposal t oposal to Improve the SAFER Banking Act e the SAFER Banking Act.
- Authors
Lipshie, Noah D.
- Abstract
The legal cannabis industry in the United States has faced challenges in accessing banking services due to federal laws prohibiting cannabis sales and use. This has forced many businesses to operate on a cash-only basis, creating safety risks and inefficiencies. The SAFER Banking Act has been introduced to address these issues, but it has limitations and gaps. The text proposes targeted amendments to strengthen the SAFER Banking Act and promote equitable access to banking for legitimate cannabis businesses. The article discusses the history of cannabis banking legislation, the challenges faced by the industry, and the need for comprehensive solutions.
- Subjects
REUTERS Ltd.; DEPOSIT insurance; MARIJUANA legalization; DEBIT cards; CRITICAL analysis; CONTROLLED Substances Act, 1970 (U.S.)
- Publication
North Carolina School Banking Institute Journal, 2024, Vol 28, Issue 1, p165
- ISSN
1096-7249
- Publication type
Article