Urge Your Members of Congress to Support the SAFE Banking Act!
Difficulty in finding banks and credit card companies to handle financial transactions has been plaguing the hemp industry for years. Too many financial institutions refuse to do business with hemp and CBD companies, worried about the risk that they will be sanctioned by federal agencies.
The SAFE Banking Act would explicitly protect financial and credit card transactions for hemp farmers and processors, as well as businesses engaged in the handling, manufacturing and sale of hemp-derived cannabinoid products such as CBD. Meanwhile, the bill makes clear that hemp businesses are not subject to the additional scrutiny required for adult-use cannabis commerce. Real the full bill here – (hemp provisions are found on pp. 15-19).
Please email your U.S. Senators to urge them to support the SAFE Banking Act.
As always, we have made it easy for you – just type in your zip code, to send the message to your Members of Congress. Please feel free to personalize the message to share your stories about problems with banking and merchant services.