Senior Counsel Andrew Kline was quoted in the Business Insurance on the cannabis sector seeing positive signals from the Biden administration.

The Biden administration has had other priorities, such as the economy and the COVID-19 pandemic, since taking office in January, but there have been “some encouraging signs” for the cannabis sector, said Andrew.

Andrew, who worked for Mr. Biden when he was a U.S. senator and vice president, was speaking last week during the first of a series of webinars on the cannabis sector produced by Business Insurance. 

The SAFE Banking Act, which has more than 100 co-sponsors in the House, is “an important piece of legislation, and it does help minority small-business owners get access to capital,” Andrew said.