American Bar Association Wants Protections For Marijuana Banking And Lawyers Working With Cannabis Clients

American Bar Association Wants Protections For Marijuana Banking And Lawyers Working With Cannabis Clients

The American Bar Association (ABA) approved two marijuana-related resolutions during its midyear meeting on Monday. The group’s House of Delegates voted in favor of proposals endorsing pending federal legislation to protect banks that service cannabis businesses and calling for a clarification of rules to ensure that lawyers will not be penalized for representing clients in cases concerning state-legal marijuana activity. Under the banking resolution, ABA “urges Congress to enact legislation to clarify and ensure that it shall not constitute a federal crime for banking and financial institutions to provide services to businesses and individuals, including attorneys, who receive compensation from…

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Source : MJ moment
Link to original : American Bar Association Wants Protections For Marijuana Banking And Lawyers Working With Cannabis Clients
reposted by Cannabis News World

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