VIDEO: NCIA Submits Testimony At U.S. House Committee On Financial Services
By Bethany Moore
February 19, 2019
/ Community
/ Education

VIDEO: NCIA Submits Testimony At U.S. House Committee On Financial Services

Last week, as NCIA wrapped up another successful Seed to Sale Show, we were vigilantly preparing for a historic hearing about the issue of cannabis banking and the SAFE Banking Act. This is an incredible milestone for our industry. If this bill passes, it would allow marijuana-related businesses in states with existing regulatory structures to access the banking system.

The Consumer Protection and Financial Institutions Subcommittee of the U.S. House Committee on Financial Services held this historic hearing about a draft bill that provides safe banking services for legal cannabis businesses. This was the first Committee hearing on stand-alone legislation that is a priority for our industry. Learn more about the hearing from NCIA’s Aaron Smith.


Read NCIA’s Executive Director and Co-Founder, Aaron Smith’s official testimony here.

To find out more about what NCIA is doing to support this bill and other legislative priorities, join us at a Cannabis Caucus event near you!

Top Five Reasons to Attend Cannabis Caucus Events

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NCIA is leading the cannabis industry's unified and coordinated campaign to ensure our business sector is treated fairly and has the opportunity to reach its full potential. Now - more than ever - is the time to invest in your business and the future of the industry by becoming a member.

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