Financing Marijuana
11:29 am
Mon June 17, 2013

Rep. Denny Heck’s Bill Would Protect Wash. Banks From Pot Prosecution

Washington state voters legalized marijuana last fall, but the drug still remains illegal under federal law. Most of Washington’s congressional members, including Rep. Dave Reichert and Sen. Patty Murry, have not been supportive of I-502. On the other hand, Rep. Denny Heck of Olympia is co-sponsoring a bill that would allow banks to handle transactions for marijuana businesses without being subject to federal charges. Rep. Heck discusses the proposal with The Conversation’s David Hyde.

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