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Saturday, 07/25/2015 12:21:53 PM

Saturday, July 25, 2015 12:21:53 PM

Post# of 102667
Does this have anything to do with DGRI?

http://www.drugpolicy.org/news/2015/07/senate-appropriations-committee-allows-marijuana-legalization-move-forward-nations-capi

The Senate Appropriations Committee also overwhelmingly approved, 16 to 14, an amendment today by Senators Merkley (D-OR) and Murray (D-WA) allowing banks to provide services to marijuana stores in localities where marijuana is legal. Currently, because marijuana is illegal under federal law, both medical and non-medical marijuana businesses are unable to access banking services like any other business. Consequently, many marijuana businesses operate on a cash-only basis, leading to huge public safety issues as businesses become the target of robberies, and are forced to hire armed security to protect their takings. Conducting business in all cash also makes it difficult for regulators and police to oversee marijuana businesses, track money, ensure people are paying taxes, and keep the marijuana industry transparent and accountable. By allowing marijuana stores to have access to checking accounts, credit cards, payroll companies and other financial services the Merkley amendment improves public safety and oversight.
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