Published: Apr 19, 2021, 7:03 pm • Updated: Apr 19, 2021, 7:06 pm By Justin Wingerter
The U.S. House of Representatives on Monday passed the SAFE Banking Act, a longtime priority for Coloradans in Congress and local cannabis companies.
The House voted 321-101 on the bill, with all Colorado Democrats in favor and two Colorado Republicans opposed. A third Republican, Rep. Lauren Boebert, did not vote.
It now moves to the U.S. Senate, which is split 50-50 between Democrats and Republicans, and some in the latter party worry passing it will increase marijuana use and foreign investments.
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