Advocacy Leaders Launch #SAFE4Equity Campaign to Educate, Support Passage of the SAFE Banking Act

Advocacy Leaders Launch #SAFE4Equity Campaign to Educate, Support Passage of the SAFE Banking Act
Cannabtimes

<![CDATA[WASHINGTON, D.C., June 2, 20211 – PRESS RELEASE – Advocacy organizations Marijuana Matters, Minority Cannabis Business Association (MCBA), Minorities for Medical Marijuana (M4MM) and Women Grow to launch #SAFE4Equity, a campaign to inform cannabis operators, industry stakeholders, congressional leaders, and the general public about the crucial need for the Secure and Fair Enforcement Act (SAFE Banking Act). SAFE Banking is included in the House-passed version of the America Creating Opportunities for Manufacturing, Pre-Eminence in Technology, and Economic Strength Act of 2022 (COMPETES Act). #SAFE4Equity supports the inclusion of the SAFE Act in the final package currently being negotiated by the Senate to provide relief for small minority-owned cannabis businesses.The campaign kicks off on June 2, 2022, with the re-launch of safe4equity.org website and the SAFE4Equity social media channels that will provide timely information relating to the SAFE Act, updates on its movement through the Senate, as well as testimonials from minority cannabis entrepreneurs currently impaired by the limited access to banking services.The campaign’s mission is to bring light to the fact that equitable access to capital and banking services is critical on the path to social and economic justice through cannabis reform. Without it, small, minority- and women-owned cannabis businesses fail to have the resources necessary to operate safely and effectively but moreover compete at a higher scale to run their enterprises. The SAFE Act is the essential piece of legislation that will begin to alleviate the burdens many of these smaller operators face and offer a solution to support their business growth.SAFE Banking Act lead sponsor, Congressman Ed Perlmutter, has been a staunch advocate for equitable cannabis banking and has worked to pass the bill in the U.S. House of Representatives six times while continuing to garner bipartisan support. Perlmutter joins #SAFE4Equity in the call for the Senate to pass the SAFE…

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Source : Advocacy Leaders Launch #SAFE4Equity Campaign to Educate, Support Passage of the SAFE Banking Act

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