Fireside Chats with NCIA’s Government Relations Team: SAFE Banking – What Will It Take?
NCIA’s #IndustryEssentials webinars are our new weekly educational series featuring a variety of programs allowing us to provide you timely, engaging and essential education when & where you need it most.
The Fireside Chat series of NCIA’s #IndustryEssentials webinars are an exclusive opportunity for NCIA members to hear from our government relations team and guests about the latest developments in federal policy.
In last month’s edition of NCIA’s fireside chats, our government relations team was joined by Congressman Lou Correa (D-CA) and Congressman Earl Blumenauer (D-OR) to discuss veterans issues. This month, please join Mike and Michelle as they talk with Congressman Ed Perlmutter (D-CO) for a discussion around the SAFE Banking Act.
The SAFE Banking Act passed the House of Representatives in September in an overwhelmingly bi-partisan vote of 321-103. However, during the COVID-19 pandemic, the cannabis industry’s need for financial certainty has become even more pronounced, as cash transactions should be minimized to limit possible exposure to the virus. Although the House of Representatives included SAFE Banking language in its recently passed coronavirus relief package (the HEROES Act), the bill’s fate in the Senate is still uncertain. That leaves many of us asking: what’s the hold up? What will it take to get SAFE over the finish line? Join us as we discuss various options moving forward and what it will take to get this legislation signed into law.
Panelists:
Congressman Ed Perlmutter (D-CO)
U.S. House of Representatives
Michael Correia
Director of Government Relations
National Cannabis Industry Association
Michelle Rutter
Deputy Director of Government Relations
National Cannabis Industry Association