Lawmakers face closing window to pass landmark bipartisan marijuana bill ...Middle East

News by : (The Hill) -
Lawmakers are facing a rapidly closing window to get key marijuana legislation across the finish line in the lame duck session. Despite fetching broad bipartisan support in the House and Senate, opposition from GOP leadership and a tightening timeline is chipping away at the bill’s chances of passage. The measure, called the SAFE Banking Act, would undo federal restrictions that discourage banks and other financial institutions from offering services to legally-operating cannabis businesses.   Supporters say the bill is desperately needed to crack down on persistent robberies of cannabis businesses, which are forced to carry huge amounts of cash, as well as make it easier for tho

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