Big day for those of us who LOVE the weed.
The House of Representatives passed the SAFE banking act, which allows owners of legal marijuana businesses to have bank accounts and use credit card transactions (in other words, it lets banks legally have a business relationship with these folks w/o fear of federal prosecution).
This is a big deal b/c it's the first stand alone piece of Marijuana legislation to pass either house and it passed by a super majority. NORML is cautiously optimistic about the bill's chances in the Senate.b/c it has bipartisan support and Moscow Mitch is a supporter of hemp at least.
The House of Representatives passed the SAFE banking act, which allows owners of legal marijuana businesses to have bank accounts and use credit card transactions (in other words, it lets banks legally have a business relationship with these folks w/o fear of federal prosecution).
This is a big deal b/c it's the first stand alone piece of Marijuana legislation to pass either house and it passed by a super majority. NORML is cautiously optimistic about the bill's chances in the Senate.b/c it has bipartisan support and Moscow Mitch is a supporter of hemp at least.