Originally published as a Riker Danzig Cannabis Client Alert, “Implications of the SAFER Banking Act for the Cannabis Industry,” authored by Ryan L. O’Neill and David M. Stewart, has been included in the February 2024 issue of The Banking Law Journal. The article breaks down the implications for banks and the cannabis industry, and notes that the SAFER Banking Act presents an opportunity for banks to enter a growing industry without fear of federal blowback.
See the Banking Law Journal reprint here and the original Riker Danzig Client Alert here.