5 cannabis banking developments the industry is watching – American Banker

Bank industry eyes are closely monitoring developments in cannabis these days. With a bipartisan group of senators urging House and Senate leadership to include the stalled SAFE Banking Act in a wider bill on the table, along with some regulatory ties around the once-shunned industry loosening, there are no shortage of reasons for their focus. 

For insight on these changes and more, here are five recent developments that have the industry paying close attention.

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