HB7987

IntroducedUS

CLIMB Act Capital Lending and Investment for Marijuana Businesses Act

Federal · Session 2025

All Bills

Status

Introduced

As of Mar 18, 2026

Last Action

Introduced in House

Official Source

Official Full Bill Text

Summary

The CLIMB Act, introduced in the U.S. House, would allow federally regulated banks and lenders to provide loans and financial services to cannabis businesses without federal penalty. Access to institutional lending and banking would reduce reliance on cash operations and private financing for cannabis businesses across all segments of the industry.

What

The CLIMB Act, introduced in the U.S. House, would allow federally regulated banks and lenders to provide loans and financial services to cannabis businesses without federal penalty.

Who

retailers and cultivators and labs

Why

Access to institutional lending and banking would reduce reliance on cash operations and private financing for cannabis businesses across all segments of the industry.

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