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Safe Banking Act Passes House, Extends Cannabis Safe Harbor Protections

By Anthony DeMaio, Robert J. Cordy & Marc Sorini
September 27, 2019
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First introduced in 2013, the SAFE Banking Act just passed the House 321-103. This bill, an exciting and promising development for cannabis advocates, provides safe harbor to banks and financial institutions doing business with state-legal cannabis businesses, and allows cannabis businesses to move away from conducting business exclusively in cash.

Access the full article for more information.

Photo of Anthony DeMaio Anthony DeMaio

Anthony DeMaio* focuses his practice on government relations and communication strategies. Read Anthony DeMaio’s full bio.

*Non-lawyer professional

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Photo of Robert J. Cordy Robert J. Cordy

Robert (Bob) J. Cordy focuses his practice on white collar criminal defense, internal investigations, appellate work and major public/private development projects. Read Robert Cordy’s full bio.

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Photo of Marc Sorini Marc Sorini

Marc E. Sorini concentrates on issues facing the alcohol beverage industry, with a particular focus on the supplier tier and non-beverage alcohol users. He heads the Firm’s Alcohol Regulatory & Distribution Group and is recognized as one of the leading lawyers in his…

Marc E. Sorini concentrates on issues facing the alcohol beverage industry, with a particular focus on the supplier tier and non-beverage alcohol users. He heads the Firm’s Alcohol Regulatory & Distribution Group and is recognized as one of the leading lawyers in his field. Read Marc Sorini’s full bio.

Read more about Marc SoriniEmail
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  • Posted in:
    Food, Drug & Agriculture
  • Blog:
    Alcohol Law Advisor
  • Organization:
    McDermott Will & Emery
  • Article: View Original Source

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