By Sam Reisman (October 28, 2021, 6:22 p.m. EDT) – A panel of cannabis entrepreneurs and a retail security expert on Thursday identified access to banking services as one of the main challenges facing the booming industry and have targeted Senator Cory Booker for his opposition to bipartisan legislation that could fix the problem.
In a briefing hosted by the Coalition for Trade and Advocacy, the US Cannabis Council, black cannabis business owners in several states urged lawmakers to pass the SAFE Banking Act, a law to which the Democrat of the New Jersey resisted in favor of fuller legalization.
Panelists said the banking bill was key to boosting business ownership …
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