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Big banking shows more interest in serving cannabis clients after recent SAFE Act passage by U.S. House

Banks and other financial institutions are gearing up for potential massive involvement with the marijuana industry after last month’s passage of the SAFE Banking Act through the U.S. House. While it remains unclear how the measure might fare in the Senate and if President Trump would sign it into law, the bill’s eventual passage would allow banks to add state-legal cannabis firms from all over the country as customers without fear of federal reprisal.

Source: Big banking shows more interest in serving cannabis clients after recent SAFE Act passage by U.S. House

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