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Wyden/Merkley sponsor bill to give Marijuana businesses access to normal banking

Marijuana businesses say, "If we're legal we should get banking services."

Marijuana businesses say, “If we’re legal we should get banking services.”

Senators Ron Wyden and Jeff Merkley have introduced a bill in Congress to make it easier for businesses involved in medical and recreational marijuana to have access to normal banking services. Senator Merkley said that although federal drug laws list marijuana as an illegal drug, the voters of Oregon and others in other states have spoken and that marijuana business owners, walking around with gym bags full of cash, only invites corruption and a dysfunctional tax situation.

Here’s the story in the Portland Business Journal. Click here.

 

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