A group representing state treasurers and finance officials is formally calling on Congress to pass legislation allowing marijuana businesses to more readily store their profits in banks. The National Association of State Treasurers adopted a resolution on Friday announcing that the organization “supports common sense federal laws and regulations to provide essential banking services to […]| Marijuana Moment
A congressional committee voted on Thursday to approve legislation aimed at increasing marijuana businesses’ access to banks. Following multiple days of lengthy debate and consideration of several amendments, the House Financial Services Committee voted 45 to 15 to advance the legislation to the full body. Floor action has not yet been scheduled, but cannabis reform advocates are hopeful […]| Marijuana Moment
The top law enforcement officials from 38 U.S. states and territories are calling on Congress to pass legislation to increase marijuana businesses’ access to banks. The move comes just days after the treasurers of 17 states issued a separate call in support of the pending cannabis financial services bill. Even as a growing number of […]| Marijuana Moment