Senate Democrats to reportedly push banking reforms for cannabis industry

[mysteryowl]

Source: The Guardian/US

Democrats in the Senate will push to liberalize banking access to the cannabis industry during the lame duck session, it was reported on Saturday, in moves being watched closely by the Department of Justice which is concerned that reforms could ‘complicate’ the industry’s legal status.



Read more: https://www.theguardian.com/us-news/2022/dec/03/us-senate-democrats-banking-access-reform-cannabis-industry

[MichMan]

1. Why not just legalize it then ?

[DownriverDem]

2. Hope they pass it

Medical and recreational pot is legal in Michigan. We have a lot of dispensaries here state wide. They need access to the banks to safely run their businesses.

[DemocraticPatriot]

3. GOOD...

The way things have been, with cannabis merchents unable to have a bank account,
has encouraged "crime"---


If I was a robber, I would certainly target marijuana businesses, who have been forced to deal in "cash".....

glory, halleulujah !!!!!! lol

[ZonkerHarris]

4. big first step