Senate Committee Approves Marijuana Banking Measure – MPP

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This measure will be a boon for marijuana dispensaries in Washington, Oregon and California currently forced into cash-only scenario because local banks refuses to give them bank accounts. See Marijuana cash-only business in Colorado

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The U.S. Senate Appropriations Committee approved an amendment to the Financial Services and General Government Appropriations bill that is intended to ease access to banking and other financial services for state-legal marijuana businesses.

Source: Senate Committee Approves Marijuana Banking Measure – MPP

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