Some two weeks after the Senate Banking Committee led by Ohio Senator Sherrod Brown (D), Committee Chair, heard testimony on the SAFE Banking Act, Dama Financial, a cannabis-focused fintech company, opted to amend its testimony, reported Marijuana Moment.

Why?

In her testimony earlier this month, Michelle Sullivan, the company’s chief risk and compliance officer, said that “we should pause and provide more teeth to the existing bill to protect the financial and banking industry as a whole” instead of passing the legislation as it is. Sullivan referred to …

Full story available on Benzinga.com

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