Marijuana Banking reform

The Republican majority in the House of Representatives is already slim, with a tendency to shrink even further before the November elections. But Rep. Nancy Mace (R-SC) says there's a way for the GOP to strengthen its position in Congress. Republicans should back marijuana banking reform, the...

A group of bipartisan lawmakers including Senators Jeff Merkley (D) and Steve Daines (R) along with Representatives David Joyce (R) and Earl Blumenauer (D) reintroduced a marijuana banking bill last week. Under the Secure and Fair Enforcement (...

Senate Democrats are not giving up on marijuana banking reform. Majority Leader Charles Schumer (D-NY) met Wednesday with several other Democratic senators to “ponder the path” that would push cannabis legislation toward approval in this Congress...

Senate Minority Leader Mitch McConnell is pleased that the final version of the National Defense Authorization Act (NDAA), which was unveiled on Tuesday, doesn’t contain marijuana banking reform. “Just as Republicans insisted, just as our service members deserve, this NDAA is...

Lawmakers opted not to put cannabis reform in the National Defense Authorization Act (NDAA) defense bill. This means that under the existing federal law, financial institutions are still not allowed to provide their services to marijuana businesses even in states with legal cannabis...