Insiders: SAFE Banking Act will bring more transparency

Until now, arguably the largest hurdle to success in the cannabis industry has been the lack of banking options available to cannabis companies. Cannabis is still federally classified as a schedule 1 drug, which means it is illegal and defined as a drug with no currently accepted medical use and a high potential for abuse. While those of us in-the-know are aware this classification is not only untrue but harmful, that reality unfortunately exists.


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