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Lawmakers Push Urgency of Cannabis Banking Bill as Broader Reform Legislation Looms

The SAFE Banking Act, reintroduced this week, would expand the cannabis industry and move it away from a cash-only business, which lawmakers describe as a “public safety crisis.”

On Friday, key sponsors of cannabis banking legislation held a news conference during which they said the SAFE Banking Act needs to pass now as a solution to an urgent public health threat.

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