WASHINGTON, Jan. 17, 2018 /Weed Wire/ – Following the January 4 announcement by the U.S. Department of Justice to withdraw the Cole guidance, today Representatives Denny Heck (WA-10) and Ed Perlmutter (CO-07) sent a letter to U.S. Treasury’s Financial Crimes Enforcement Network (FinCEN) requesting they preserve the 2014 guidance for marijuana-related businesses to operate under the Bank Secrecy Act.
Tag Archives: Ed Perlmutter
WASHINGTON, Jan. 9, 2018 /Weed Wire/ — Members of the Colorado Congressional Delegation; led by Rep. Jared Polis, D-Colo.; sent a bipartisan letter to Attorney General Jeff Sessions asking him to reverse his decision on the Cole Memorandum.
LAKEWOOD, Colo., Jan. 4, 2018 /Weed Wire/ — U.S. Rep. Ed Perlmutter (CO-07) released the following statement after Attorney General Jeff Sessions announced his decision to rescind the “Cole memo”, a document from the U.S. Department of Justice which provided guidance for federal enforcement of marijuana activity.
On April 27, 2017, a bipartisan group of congressmen in the United States House of Representatives announced that they would be launching legislation to allow state-legal marijuana businesses access to banking services.
WASHINGTON, April 27, 2017 /Weed Wire/ — With eight states and Washington, D.C. now allowing for adult-use recreational marijuana and 29 states legalizing medical marijuana, it is time to align federal and state laws – specifically as it relates to the banking crisis confronting marijuana-related businesses.
WASHINGTON, April 27, 2017 /Weed Wire/ — Alaska Congressman Don Young, co-founder of the Congressional Cannabis Caucus, today joined a bipartisan group in the U.S. House of Representatives to introduce legislation that allows marijuana-related businesses in states with existing regulatory structures to access the banking system.
A bill sponsored by a Colorado Congressman that would allow legal marijuana dispensaries access to the federal banking system has been re-introduced to the House of Representatives — but it faces long odds.