Key Congresswoman Says ‘Now Is The Time’ To Pass Marijuana Banking Bill, Despite McConnell’s ‘Concerns’

Key Congresswoman Says ‘Now Is The Time’ To Pass Marijuana Banking Bill, Despite McConnell’s ‘Concerns’

It’s Time for Change: The Urgent Need for the SAFER Banking ActIn a call to action, Rep. Maxine Waters, ranking member of the House Financial Services Committee, is rallying lawmakers to pass the Secure and Fair Enforcement Regulation (SAFER) Banking Act. This critical legislation would not only introduce new regulations for cryptocurrencies but also ensure safer banking practices for the burgeoning cannabis industry. Despite the opposition from Senate Minority Leader Mitch McConnell, Waters remains optimistic about overcoming political hurdles to secure a safer financial landscape for cannabis businesses. This bill is poised to dismantle the financial barriers that currently hurt the cannabis sector, promoting a shift from bureaucratic red tape to enhanced safety and innovation within the industry. As discussions advance, Senate Majority Leader Chuck Schumer also emphasizes the significance of the SAFER Banking Act. With recent legislative movements paving the way, the focus now extends to broader implications for the pharmaceutical industry and the potential for expanded cannabis-based therapies. This moment is a pivotal opportunity to align financial policies with the evolving needs of both the economy and public health sectors. Let’s support the passage of the SAFER Banking Act and move towards a future where cannabis businesses operate with the security and recognition we deserve.

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Cannado | \ ˌka-nä-ˈdō \ | noun

1: The embodiment of a lifestyle that harmoniously combines the values of cannabis culture and the universal concept of “do,” emphasizing wisdom, harmony, and the path to enlightenment.

2: An individual or entity that exemplifies the principles of “do” within the cannabis marketplace, renowned for their strategic prowess, ethical business practices, and holistic approach to industry challenges.

Cannado | \ ˌka-nä-ˈdō \ | verb

1: To practice business with the balance and focus of a martial artist, applying the principles of “do” in cannabis industry operations, signifying a methodical, disciplined approach to business strategy and execution.

2: To engage in the cannabis culture with a mindset of continuous improvement and ethical conduct, paralleling the journey of mastery found in martial arts, fostering a community of respect, learning, and growth.

Cannado | \ ˌka-nä-ˈdō \ | adverb

1: In a manner that reflects the principles of “do” within the cannabis industry, applying wisdom, balance, and strategic discipline to every action and decision.

Cannado | \ ˌka-nä-ˈdō \ | adjective

1: A harmonious fusion of cannabis culture and the philosophy of “do,” emphasizing relaxation, discipline, and peaceful conflict resolution, creating a unique lifestyle.

2: Reflecting a deep understanding of the cannabis trade’s dynamics, blending street-smart intuition with strategic foresight, embodying a fearless approach to thriving in a volatile business landscape following the principles of “do.”