Top
image credit: unsplash

Marijuana Banking Law Passes House; Will Senate Follow?

September 27, 2019

Via: FindLaw

After years of uncertainty regarding what legal cannabis companies can do with their money, a solution may be in sight. The U.S. House of Representatives voted Wednesday to advance legislation allowing federally regulated banks to provide services to marijuana companies in states where it is legal.

While it is not the law of the land yet, the bill demonstrates an interest in resolving one of the most problematic areas of cannabusiness. So, what’s next?

Read More on FindLaw