Fourth Straight Senate Victory for Marijuana Reform; Senate Bill Would Also Allow D.C. to Tax and Regulate Marijuana
Washington, DC–(ENEWSPF)–June 16, 2016. The Senate Appropriations Committee voted today 16 to 14 to allow banks to provide services to marijuana businesses. Currently, because marijuana is illegal under federal law, both medical and non-medical marijuana businesses are unable to access banking services like any other business. Consequently, many marijuana businesses operate on a cash-only basis, leading to…
