The federal government would save money if a bipartisan bill to give marijuana businesses access to banks is approved, according to a report released by the Congressional Budget Office (CBO) on Friday. The legislation, which cleared the House Financial Services Committee in a bipartisan vote of 45 to 15 in March, would change federal law […]| Marijuana Moment
Some Republican senators say there is a chance that Sen. Mike Crapo (R-ID), who chairs the Senate Banking Committee, will schedule legislation aimed at increasing marijuana businesses’ access to financial services for a hearing in his panel if it passes the House of Representatives. Sens. Kevin Cramer (R-ND) and Rand Paul (R-KY) both told Marijuana […]| Marijuana Moment
The Republican chairman of the Senate Banking Committee said on Tuesday that he couldn’t promise that his panel will take up a bipartisan bill to shield banks that service marijuana businesses from being penalized by federal financial regulators. The legislation—called the Secure And Fair Enforcement (SAFE) Banking Act—was approved by the House Financial Services Committee last […]| Marijuana Moment