On Sept. 27, the UFCW commended the Senate Banking Committee for voting to send the Secure and Fair Enforcement Regulation (SAFER) Banking Act to the Senate floor. The SAFER Banking Act would provide safer working conditions for cannabis workers by amending federal laws to allow their employers more access to traditional financial services.
“We applaud the Senate Banking Committee for taking this critical step toward creating a more secure financial future for cannabis workers,” said UFCW International President Marc Perrone in a statement. “Across the country, workers in this industry go to work and are forced to deal with large sums of cash, leaving them more vulnerable to theft and robberies. The cannabis industry is a completely legitimate and lawful industry in many states and should not be excluded from basic financial protections. The SAFER Banking Act addresses these issues, providing a pathway for legitimate cannabis businesses, and their employees, to have access to traditional banking services.”
“As America’s cannabis union, the UFCW has been involved with cannabis legislation across the country, testifying in front of the Senate just this past year in support of the SAFE Banking Act,” Perrone added. “We remain committed to fighting for a better life for cannabis workers everywhere and call on all of our nation’s elected officials to support and uplift our cannabis workers.”