The Senate Just Took a Major Step Toward Easing the Cannabis Industry's Banking Woes
by Tobias Coughlin-BogueWeed and non-laundered money: finally friends? Weed and Money / Shutterstock
Fans of financial legitimacy for pot businesses, rejoice! The Senate Appropriations Committee passed an amendment to the Financial Services and General Government appropriations bill today that would provide robust protection to financial institutions that opt to work with the cannabis industry, allowing cannabusinesses to open bank accounts, accept credit cards, and write checks. I don't want to
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