U.S. Senate looks at cannabis banking reform, but industry says it’s not enough

A U.S. Senate committee on Wednesday will vote on whether to advance a bill that would allow the legal cannabis industry access to banking, an option that industry lobbyists have long sought.

Critics include Cody Bass, owner of Tahoe Wellness, a cannabis dispensary in Lake Tahoe, California, who said he is facing $3.4-million in back taxes due to Section 280E. The federal government lists cannabis as a Schedule 1 illegal drug, with no potential medicinal uses, making it even more strictly controlled than cocaine and fentanyl.The legislation has been in the works for years, first introduced in 2013 by Democratic Senator Jeff Merkley.

Republican Senator Mike Rounds, a member of the Senate Banking Committee, said he continued to oppose SAFER.

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

US Senate looks at cannabis banking reform, but industry says it's not enoughBy Moira Warburton WASHINGTON (Reuters) - A U.S. Senate committee on Wednesday will vote on whether to advance a bill that would allow the legal ...
출처: SaltWire Network - 🏆 45. / 63 더 많은 것을 읽으십시오 »

Britain approves new North Sea oil drilling, delighting the industry but angering criticsLONDON (AP) — British regulators on Wednesday approved new oil and gas drilling at a site in the North Sea, a move environmentalists say will hurt the country’s attempt to meet its climate goals. The U.K.'s North Sea Transition Authority said it had approved the Rosebank Field Development Plan, “which allows the owners to proceed with their project.” Britain’s Conservative government argues that drilling in the Rosebank field, northwest of the Shetland Islands, will create jobs and bolster the U
출처: YahooFinanceCA - 🏆 47. / 63 더 많은 것을 읽으십시오 »