WASHINGTON - The U.S. House of Representatives voted Wednesday to advance legislation that would allow banks to provide services to cannabis companies in states where it is legal.
The measure now heads to the Senate, where it faces an uncertain fate. Senate Banking Chairman Mike Crapo has said he wants to consider similar legislation in the coming months, but it is not clear if the full Senate will vote on such a measure, analysts say. Banks have thrown their weight behind the legislation, telling lawmakers they need clarity on whether they can do business with cannabis companies where it is legal at the state level despite the fact that marijuana remains illegal in the eyes of the federal government.
Great!!
Hot damn! Corporations are going to buy out so many Cannabis Companies.
What about the Feds?
Comme si les banques ne blanchissaient pas l'argent dans des paradisfiscaux avant!
Client: Give me credit, please. Bank: What do you wish: sativa or indica funds? 😎
But the house is a useless entity
I hope a condition was included to decriminalize it first.
How about making a national law so states can do whatever they vote on
Drasmiller check this out
I'm sure banks and their massive lobbying power had little to do with this decision.
Yes!!!
How about a bill protecting legal users (or at least medical users) from drug tests? That will impress me more than anything else they consider.
They would be wise to stay cash based. Taxation is theft. The last thing we need is more theft. Glad it grows like a weed (lol) where I live. Fuck the state.
Well it's a good thing because those warehouses full money sitting around or not a great idea. Took long enough
Good. Now let's legalize it, tax it, and decriminalize it.
Finally.
SpeakerPelosi very good! Keep it up! Remove cannabis from federal schedule 1!
Money and Drugs