Cannitrol – Cannabis Control Agent

Marijuana news from around the world

Travis Mason

U.S. House passes bill giving marijuana businesses access to banking

The U.S. House of Representatives passed a bill Wednesday that would grant legal marijuana businesses access to banking, a measure that would clear up a longstanding headache for the industry.

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Marijuana industry would no longer be cash-only if this bill passes. And this time, it has a better chance.

U.S. Rep. Ed Perlmutter has again introduced legislation allowing marijuana businesses to use banks, removing a hindrance that has plagued Colorado businesses in the five years since legalization.

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