Bill Spurs Buzz on Banking Services to Marijuana Businesses

Federal efforts to reduce the restrictions placed on cannabis businesses that operate legally under state law are picking up, with new legislation proposed and indications from the administration that it will let states take the lead with regard to enforcement.

The bipartisan legislation would amend the Controlled Substances Act (CSA) to legalize financial services to marijuana businesses that are legal under state or tribal law.

https://www.jdsupra.com/legalnews/bill-spurs-buzz-on-banking-services-to-63450/