What's the Deal with the SAFE Banking Act?

Last April, the U.S. House of Representatives approved a bill of 321-101to protect banks that service state-legal marijuana businesses from being penalized by federal regulators. The legislation is known as the SAFE Banking Act. What does this bill mean to the cannabis industry? And will the Senate and President make it the law of the land. Rachelle Gillette joins the podcast to make sense of it all. She is chair of Greenspoon Marder’s Cannabis Law Practice and one of the first attorneys in the nation to dedicate her practice to the cannabis industry.