Re: Support The Secure and Fair Enforcement (SAFE) Banking Act for Passage
The SAFE Banking Act would allow banks, credit unions, and other financial institutions to offer banking services to legally operating cannabis businesses without fear of punishment by federal regulators.
SMACNA members employ the highest skilled workforce and as quality-driven contractors understand that S.\n910 represents significant reform to the banking system that will boost private investment in cannabis-related\nand allied building, banking network infrastructure. From countless examples of working with the legally\nauthorized cannabis industry and contracting to build and service their production facilities, SMACNA member\nfirms understand the merit in passing the SAFE Act. Fairness and equity argue for enactment of legislative\nreforms to banking relationships between local banks, contractors and legitimate cannabis related small\nbusinesses.
Dec 5, 2022 — Letters & Testimony
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