Up to now, dispensaries and other marijuana businesses have not had an easy time when it comes to banking, being limited to relying on a small handful of financial institutions or turning to a strictly cash only format. That’s all about to change, however, with the Secure and Fair Enforcement (S.A.F.E.) Banking Act of 2019, officially known as H.R. 1595. This bill offers protection to anyone involved in the cannabis industry, both banks and businesses. Dispensary owners will now have access to traditional banking services including loans and lines of credit, and banks are protected from prosecution for handling monies […]