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.


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

A note to our visitors

This website has updated its privacy policy in compliance with changes to European Union data protection law, for all members globally. We’ve also updated our Privacy Policy to give you more information about your rights and responsibilities with respect to your privacy and personal information. Please read this to review the updates about which cookies we use and what information we collect on our site. By continuing to use this site, you are agreeing to our updated privacy policy.