Vermont's cannabis industry is closely monitoring the status of a federal bill that would allow banks to work with cannabis businesses. The SAFER Banking Act passed out of the Senate Committee on Banking, Housing and Urban Affairs late last month. Vermont Cannabis Control Board Chairman James Pepper noted "the historic moment" at a recent board meeting while also acknowledging that "the future of the bill is still very much in the air," as there are lawmakers from both major political parties in the House and Senate who oppose the legislation. "Although members of the House did overwhelmingly vote for the SAFE Banking Act, the bill’s earlier version, several times before, today’s vote marks the first time that Senate members have voted in favor of the...
logic · THCFarmer News DeskOctober 10, 2023 · 632 reads · 0 comments
