ECONOMIC JUSTICE IS
ECONOMIC JUSTICE IS SOCIAL JUSTICE
Why is the SAFE Banking Act important for minority and women entrepreneurs?
Economic justice is social justice.
Cash-only businesses put entrepreneurs at risk.
Creates opportunities for minority and women entrepreneurs.
Social equity requires banking.
Negates the stigma surrounding cannabis.
SAFE is the best step toward a more equitable cannabis industry.
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 lack the resources necessary to run, let alone scale, their businesses, rendering small minority and social equity businesses unable to effectively operate or compete.
SAFE Banking is a rare piece of legislation with strong bipartisan support in both chambers of Congress. Senators Booker and Schumer refuse to advance SAFE Banking before comprehensive reform measures with no clear pathway to law this Congress. 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).
Together, we can create a more equitable and just cannabis industry.
Advocacy Leaders launch #SAFE4Equity Campaign to Educate, Support
Letter to HASC and SASC Leadership from SAFE4Equity
Letter to Senators Schumer Booker and Wyden from SAFE4Equity
SAFE Banking for Equity Coalition Disappointed SAFE Banking Act Excluded from Senate Version of Defense Bill