NAACP Calls For The 'Immediate Passage' Of SAFE Banking Legislation
By NORML Members of the NAACP’s Board of Directors have approved a resolution calling upon Congress to enact legislation that explicitly allows banks to provide financial services to state-licensed cannabis businesses. Federal law discourages banks and other financial institutions from maintaining relationships with marijuana-related businesses because the plant remains classified as a Schedule I controlled substance. According to data provided by the US Treasury Department […]
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