A HUGE Majority of Americans Support Cannabis Banking

A HUGE Majority of Americans Support Cannabis Banking

A strong majority of Americans support freeing up banks to work with marijuana businesses without facing federal penalties, according to a new poll released by the American Bankers Association (ABA) in March of 2022.

The ABA’s survey found that 89% of consumers find overdraft protection valuable, and 74% of those who have paid an overdraft fee in the past year were glad their bank offered the service. This suggests that the public generally trusts banks to offer responsible products and services.

A recent poll from the American Bankers Association (ABA) has found that a majority of Americans want Congress to pass the SAFE Banking Act, which would allow banks to work with state-legal marijuana businesses.

The SAFE Banking Act would build on this trust by allowing banks to work with state-legal marijuana businesses without fear of prosecution. This would help marijuana businesses access basic banking services like checking and savings accounts, which are essential for any business.

The ABA’s survey found that 62% of Americans support the SAFE Banking Act, and a majority of Democrats (78%), Independents (60%), and Republicans (46%) all support the bill. This shows that the SAFE Banking Act is a bipartisan issue that has widespread support from the American public.

Why Congress should pass the SAFE Banking Act. SAFE BAnking Act

Congress should pass the SAFE Banking Act to help state-legal marijuana businesses access basic banking services. This would improve public safety by making it easier for businesses to track their finances, and it would boost the economy by creating new jobs and increasing tax revenue.

Why is SAFE Banking Important?

The American Bankers Association (ABA) has recently conducted a poll that shows the majority of Americans want Congress to pass the SAFE Banking Act. The SAFE Banking Act would allow banks to work with state-legal marijuana businesses without fear of prosecution, and this would help these businesses access basic banking services like checking and savings accounts. The ABA’s poll also found that a majority of Democrats, Independents, and Republicans support the bill. This bipartisan support shows that the SAFE Banking Act is an important issue that has wide backing from the American public. Congress should pass the SAFE Banking Act in order to improve public safety and boost the economy.

What Benefits Does the SAFE Banking Act Bring to the Cannabis Industry?

1. A majority of Americans want Congress to pass the SAFE Banking Act, which would allow banks to work with state-legal marijuana businesses.

2. The SAFE Banking Act would help marijuana businesses access basic banking services like checking and savings accounts.

3. This would improve public safety by making it easier for businesses to track their finances, and it would boost the economy by creating new jobs and increasing tax revenue.

4. The SAFE Banking Act has bipartisan support and is an important issue that has wide backing from the American public.

5. Congress should pass the SAFE Banking Act in order to improve public safety and boost the economy.

? We can help with your cannabis business. Get in touch here! (https://bit.ly/3jHLITp)

? Mastermind 10% Discount Code: AppDoneRight (https://bit.ly/3LXJf4S)

? Subscribe to CLN for more cannabis content! (https://bit.ly/2VJUAQr)

? Become a member for exclusive perks! (https://bit.ly/2UavaLj)

 

Spread the love

Related Posts

Direct Listings on Stock Market

Direct Listings on Stock Market The direct listing process for cannabis companies offers many advantages compared to the traditional initial public offering process. Direct listings

Spread the love
Read More »
My cart
Your cart is empty.

Looks like you haven't made a choice yet.