Marijuana merchants snubbed by the finance industry may benefit from growing congressional momentum for a bill letting banks do business with them, an 82-year-old federal ban on the drug notwithstanding.
At present, the gap between federal and state laws often forces owners of cannabis dispensaries and related firms into a financial-services limbo in which they’re unable to open accounts or find them closed in short order.
Stay informed.Stay ahead.
Join Washington Examiner for unlimited access to the news, analysis, and commentary that matter most.
See Options
Already a member? Log in
Already a print subscriber? Click here to login/register your account
