Merkley, Wyden introduce marijuana banking bill

Portland Business Journal:

Oregon Sens. Jeff Merkley and Ron Wyden on Thursday joined a bipartisan group of senators and introduced a bill designed to make it easier for legal marijuana businesses to get financial services.

Recreational marijuana is legal in several states, including Oregon, but it’s still illegal under the federal Controlled Substances act, which is why most banks won't work with legal marijuana businesses.

The bill introduced Thursday would ease the worries of banks.

“Forcing businessmen and businesswomen…

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