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January 6, 2023 17 mins

Today we're covering a headline from Marijuana Moment: NAACP Calls For ‘Immediate Passage’ Of Marijuana Banking Bill And Pushes For Legalization In New Resolution


https://www.marijuanamoment.net/naacp-calls-for-immediate-passage-of-marijuana-banking-bill-and-pushes-for-legalization-in-new-resolution/


Here's the breakdown:

The NAACP’s board of directors has approved a resolution calling for the “immediate passage” of a bipartisan marijuana banking bill, the Secure and Fair Enforcement (SAFE) Banking Act, which has already passed the House on seven occasions, and expressing support for federally legalizing cannabis. The resolution stated that the banking reform is critical to ensure equity within the industry and provide small- and minority-owned businesses with access to financial services that could enable them to compete in an increasingly consolidated market. The resolution also reaffirms the NAACP’s support for a 2021 resolution calling for greater economic opportunities for African Americans in the cannabis industry, as well as a 2019 resolution supporting the legalisation and regulation of marijuana.

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