The cannabis industry has undergone massive and rapid change, but federal regulations governing the sale and purchase of cannabis have failed to keep pace with either social change or moves to legalize across the nation, creating a confusing and contradictory clash of state and federal regulations. In Episode 4, Chris Allen and Emily Yu review the history of the SAFER Banking Act and consider whether the latest legislative proposal will realize AGs’ bipartisan ambitions for a regulatory and enforcement regime that generates additional state revenues, deters bad actors, and provides businesses with predictability and legal certainty.
Listen here .