69°

Topics

Marijuana Use
GOP-led House gives marijuana businesses another boost
GOP-led House gives marijuana businesses another boost

When it comes to liberalizing marijuana policy, Congress has once again shown that it is not always the liberals taking the lead. The GOP-dominated House on Wednesday delighted cannabis advocates by voting to prohibit law enforcement from going after banks for doing business with state-licensed marijuana growers and sellers. The measure would be a boon to the marijuana business. Currently, banks fear taking on dispensaries and related companies as clients out of concern that the relationship puts them at risk of being a target for federal drug and treasury agents. The banks had found little solace in recent assurances by the Obama administration that it had no plans to prosecute them...

Loading