Pennsylvania is one of 37 states having legalized medical cannabis. This quickly emerging industry has brought new businesses, jobs, and investment to Pennsylvania and has provided more than 800,000 patients and caregivers access to safe and regulated products for the treatment of health conditions. On behalf of all Pennsylvanians impacted by the Commonwealth’s medical cannabis program, we ask that you please support the SAFE Banking Act.
We are a bipartisan group of state and territorial attorneys general who recognize that the states, territories and federal government share a strong interest in protecting public safety and bringing grey market financial activities into the regulated banking sector. To address these goals, we urge Congress to advance legislation that would allow states and territories that have legalized certain use of marijuana to bring that commerce into the banking system.