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
Advocates of expanding marijuana businesses’ access to banks are pursuing two new strategies: amending pending standalone legislation to broaden its GOP appeal as well as supporting a separate a rider on the issue that was recently attached to a large-scale appropriations bill. While lawmakers have primarily focused on the bipartisan standalone bill, which would provide […]| Marijuana Moment
A bipartisan marijuana banking bill has taken three new steps closer to a full floor vote in the House of Representatives after it was formally reported by one committee, another key panel discharged the legislation and it was placed on the body’s Union Calendar. The proposal, which would protect banks that service state-legal cannabis businesses […]| Marijuana Moment