420 with CNW – Congressional Committee Approves Marijuana Banking Bill
On Thursday last week (March 28), the House Financial Services Committee voted to pass a bill that will make it easier for cannabis businesses to access banking services. The bill will now be scheduled for consideration by the entire House after it passed at the committee level when 45 legislators voted in favor while 15 voted against the bill. Marijuana advocates see this committee action as a sign that the Democrats who dominate the House are finally making good on their support for cannabis law reform. The bill seeks to make it possible for marijuana businesses to get access to…