Senate Could Vote To Let Marijuana Businesses Use Banks This Week

A bipartisan group of senators is stepping up the push to let marijuana businesses store their profits in banks, with a possible vote coming as soon as this week.

Under the current federal prohibition of cannabis, many banks refuse to do businesses with marijuana growers, processors and sellers that operate legally in accordance with a growing number of state laws. As a result, many cultivators and dispensaries operate on a cash-only basis, which makes them targets for robberies.

Continue Reading…

Source: Senate Could Vote To Let Marijuana Businesses Use Banks This Week