Earlier today, a bipartisan group of lawmakers introduced a bill in the Senate that would banks to do business with the marijuana industry in states where it is legal for medical purposes or adult use.
Politico reports:
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Introduced by the Senate delegations from Oregon and Colorado, two of the first states to legalize recreational marijuana, the bill would prohibit the federal government from penalizing banks that work with marijuana businesses.
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For medical marijuana dispensary owners and the patients who rely on them for access to their medicine, Colorado Congressman Ed Perlmutter’s (D) bill is common sense.
[caption id="attachment_6714" align="alignright" width="240"] Rep. Ed Perlmutter[/caption]
Perlmutter introduced legislation yesterday that would allow legal marijuana-related businesses to have access to traditional banking services. The Marijuana Business Access to Banking Act aims to accomplish this by updating federal banking laws…