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Tag Archive: Lorrie Trogden

Department of Justice memo raises concerns about SAFE Banking, prompts changes to bill

Department of Justice memo raises concerns about SAFE Banking, prompts changes to bill

A Department of Justice memo said the bill could hinder some prosecutions unrelated to marijuana, prompting changes to a bill supporters hope to pass during the lame duck session.

Congressmen hopeful SAFE Banking will pass this year, Arkansas bankers still in support

Congressmen hopeful SAFE Banking will pass this year, Arkansas bankers still in support

Some members of Congress are hopeful cannabis reforms will pass during the upcoming lame duck session.

Congressional committee rejects SAFE Banking Act

Congressional committee rejects SAFE Banking Act

The SAFE Banking Act will not be included in a broader economic development bill being considered in Congress. The SAFE Banking Act would have made banking more accessible for cannabis businesses and had the support of the Arkansas cannabis and banking industries. Supporters of the bill say it is not dead and efforts continue to pass cannabis banking legislation.

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