March 20, 2021

Bipartisan

Bipartisan Senate Bill Would Give Marijuana Businesses Access To Insurance Coverage

A bill to protect banks that work with state-legal marijuana businesses that was reintroduced in the House this week will advance before lawmakers tackle more comprehensive cannabis reform, a key congressman said on Friday.

During a press call to discuss the Secure and Fair Enforcement (SAFE) Banking Act, Reps. Ed Perlmutter (D-CO), Earl Blumenauer (D-OR) and other cosponsors answered questions about the state of play of the legislation, which cleared the chamber as a standalone bill in 2019 and twice as part of COVID-19 relief packages last year.

Blumenauer, co-chair of the Congressional Cannabis Caucus and an original cosponsor of

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