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Ed Perlmutter

U.S. House again passes Colorado congressman’s marijuana banking bill

The SAFE Banking Act has been introduced every Congress since 2013 by Rep. Ed Perlmutter. On Monday, the House passed the bill that would allow credit unions and banks to work with cannabis companies, but the Senate will be the true test.

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Marijuana banking debate returns to Congress and Rep. Perlmutter is optimistic

Colorado Democrat’s bill to loosen cannabis banking regulations has been introduced every year since 2013 and is likely to pass the U.S. House this year. A Republican co-sponsor says he is “confident that there will be a lot of Republican senators that will vote for this.”

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Cannabis industry may finally move past cash as Democrats look to loosen banking restrictions

Colorado’s cannabis industry has been forced to deal primarily in cash for years due to banking restrictions that pot advocates and banking lobbyists say put shops, growers and others at risk of theft. The industry is now cautiously optimistic this year that, with Democrats in power in Washington, its eight years of trying to lift […]

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Banking for marijuana companies included in Congress’ new $3 trillion coronavirus stimulus bill

Cannabis industry advocates applauded House Democrats on Tuesday after a new $3 trillion federal stimulus bill included provisions to allow marijuana businesses access to banking.

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Marijuana banking bill gets pushback from Colorado’s Buck, Lamborn

Twelve members of the U.S. House of Representatives, including two from Colorado, are publicly pushing back against a federal bill that would give legal cannabis businesses access to banking services.

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Perlmutter, House co-sponsors push Senate for swift action on marijuana banking bill

U.S. Rep. Ed Perlmutter and three other congressmen who’ve been pushing to give cannabis businesses access to banking services expressed hope Tuesday their bill would move through the Senate soon.

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U.S. House passes bill giving marijuana businesses access to banking

The U.S. House of Representatives passed a bill Wednesday that would grant legal marijuana businesses access to banking, a measure that would clear up a longstanding headache for the industry.

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U.S. House passes bill giving pot businesses access to banking

The U.S. House of Representatives has passed a bill that would grant legal marijuana businesses access to banking, a measure that would clear up a longstanding headache for the industry.

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Marijuana industry would no longer be cash-only if this bill passes. And this time, it has a better chance.

U.S. Rep. Ed Perlmutter has again introduced legislation allowing marijuana businesses to use banks, removing a hindrance that has plagued Colorado businesses in the five years since legalization.

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Marijuana banking proposal gets first-ever hearing in U.S. House committee

A proposal to open banking and financial services to marijuana businesses in states that have legalized marijuana has had its first-ever hearing in a U.S.House committee, making Colorado Rep. Ed Perlmutter , one of the authors, optimistic about its chances.

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