Tag Archives: Marijuana Businesses

Dispensary open. Sonya Yruel/Drug Policy Alliance.

House of Representatives Votes to Open Banking for Cannabis Businesses

House of Representatives Votes to Open Banking for Cannabis Businesses

WASHINGTON, DC – The House of Representatives cast two votes today in support of opening up banking services to state-legal marijuana businesses. By a vote of 231-192, the House passed an amendment to the Financial Services appropriations bill, forbidding the use of federal funds to penalize financial institutions that serve marijuana businesses operating legally under state law.


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