Even if your Senators are not on this committee, they still need to hear from you in opposition to the SAFE Banking Act. After the markup, the bill could go to the Senate floor at anytime.
This bill would permit banks to be out of compliance with federal law, while opening the doors to Wall Street investment into the marijuana industry, accelerating the creation of the next Big Tobacco.
Since the industry is unable to access many risk-averse institutional investors due to marijuana's status as an illegal drug at the federal level, the SAFE Banking Act that would grant the industry access to the federal banking system and institutional investors. In an effort to circumvent this, Big Pot is lobbying for the inclusion of the SAFE Banking Act. This bill is all about maximizing profits, no matter the effects on public health or public safety.
Please contact Congress and tell them to oppose the SAFE Banking Act!
The SAFE Banking Act would permit banks to be out of compliance with federal law, while opening the doors to Wall Street investment into the marijuana industry and put the pedal to the metal in the creation of the next Big Tobacco. All without any public health and safety guardrails.
Please, take action now.
Thank you for all that you do,
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