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UFCW Applauds the SAFER Banking Act’s Advancement

September 28, 2023 Updated: November 13, 2023

WASHINGTON, DC – Today, the United Food and Commercial Workers International Union (UFCW), which represents 1.2 million essential workers in cannabis, grocery stores, meatpacking plants, and other essential industries across North America, released the following statement after the Senate Banking Committee voted to send the SAFER Banking Act to the Senate floor.

UFCW International President Marc Perrone released the following statement:

“We applaud the Senate Banking Committee for taking this critical step toward creating a more secure financial future for cannabis workers. 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. 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.”

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The UFCW International is the largest private sector union in the United States, representing 1.2 million workers and their families in grocery, meatpacking, food processing, healthcare, cannabis, retail, and other essential industries. UFCW members serve our communities in all 50 states, Canada and Puerto Rico. Learn more about the UFCW at ufcw.org.

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