WASHINGTON, Sept. 14 -- Sen. Catherine Cortez Masto issued the following press release:
Washington, D.C. -U.S. Senator Catherine Cortez Masto (D-Nev.) joined Senator Jeff Merkley (D-Ore.) in re-introducing legislation to ensure legal cannabis businesses can access traditional and secure banking systems and financial services. TheSecure and Fair Enforcement (SAFE) Banking Act would provide a create a legal framework for banking and financial services to serve state-legal cannabis businesses, reducing the need for cash-only transactions, and improving public safety.
"We must make sure that businesses in states where marijuana is legal - like Nevada - have access to bank accounts and other financial services," said Senator Cortez Masto. "I'm...