Conservative Nonprofit ALEC Pushing for Cannabis Banking Bill

Conservative Nonprofit ALEC Pushing for Cannabis Banking Bill

ARLINGTON, VA — The conservative non-profit ALEC, quick for the United states Legislative Exchange Council, has passed away an answer this …urging monthcongress to act to provide access to insurance and banking services to cannabis and cannabis-related appropriate organizations.”

The proposed legislation would offer defenses for insurers ranging from surety relationship writers to depository institutions that provide services to the cannabis industry. Passing such legislation would definitely have a giant impact on an industry this is certainly quite cash-heavy because of there being few alternatives for companies when it comes to banking.

Certainly, ALEC’s report continues to state that the bipartisan panel of 38 Attorneys General “…have identified cash linked to the cannabis industry being public safety concern.” Having a deal that is great of addressing the problem of money within the cannabis industry it ought to be not surprising that ALEC has chose to tie this matter in to the problem that is overarching of all together. 阅读更多