Congress Yawns At Colorado Delegation’s Marijuana Banking Bill

Most Colorado members are in favor of the bill, but the delegation is mixed.

DISTRICT OF COLUMBIA: As cannabis workers carry cash by the briefcase throughout Colorado, the lack of interest in Washington suggests that a bill to green-light banking practices for the marijuana industry is headed nowhere fast.

Federal legislation that could end cash-only practices in the marijuana industry will likely remain stuck in committee this year, with near silence from Washington lawmakers as to why it has.

A Denver Post survey of the two House committees that could take immediate action found only one member outside the bill’s signed supporters and the Colorado delegation had interest in discussing the subject.

Read full article @ Denver Post

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