Banking Bill to give marijuana business access to banks.
Short and sweet in our economy I believe money is money as long as it is lawfully gained. Now this is still an issue for this industry, but in states where the business are being allowed and we expect to collect taxes on them, Right? Then why should they be denied banking services. What a better way for the government to track legal versus illegal traffic.
Additionally as stated in many articles this industry has to do most of its business in cash and sets up the dispensaries, growers and clients for additional criminal acts. Lets face it anyone going or coming from a dispensary or retail shop is going to have ether Cash or Marijuana easy target yes…..
So banking reform makes sense.