Run Time: 13:03
EP. 83: SAFER Banking and What it Means for Cannabis Insurance Specialists
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SAFE Banking was a much-introduced and more often-sidelined federal bill to provide a safe-harbor for banks doing business with cannabis operators. The new manifestation, the Secure and Fair Enforcement Regulation Banking Act, or the SAFER Banking Act, would ensure that state-sanctioned cannabis businesses have access to deposit accounts, and importantly, it includes insurance and other financial services. Our latest podcast episode seeks to get a handle on the bill’s odds, and possibly what’s next, with Morgan Fox, political director at NORML.
