Marijuana banking proposal gets first-ever hearing in U.S. House committee

A proposal to open banking and financial services to marijuana businesses in states that have legalized marijuana got its first-ever hearing in a U.S.House committee Wednesday, making Colorado Rep. Ed Perlmutter optimistic about its chances.

“We’ve been introducing a version of this bill for almost six years, since Colorado by initiative legalized recreational marijuana,” Perlmutter, a prime sponsor of the proposal, said in a call with reporters.

But the bill failed to get a hearing when the House was controlled by the Republican Party.

Perlmutter and his fellow Democrat and co-sponsor, Rep. Denny Heck of Washington, said the measure has the support

...read more at https://www.denverpost.com/2019/02/13/marijuana-banking-proposal-house-perlmutter-gardner/

by

Leave a Reply