House approves cannabis banking again (Newsletter: May 18, 2020)

Marijuana petitioning relaunches in MT & NE; Congressman: banking access protects health amid COVID; Study: Legalization boosts hotel industry Subscribe to receive Marijuana Moment’s newsletter in your inbox every weekday morning. It’s the best way to make sure you know which cannabis stories are shaping the day. (function() { window.mc4wp = window.mc4wp || { listeners: [], forms: { on: function(evt, cb) { window.mc4wp.listeners.push( { event : evt, callback: cb } ); } } } })(); Email address: Leave this field empty if you’re human: Your support makes Marijuana Moment possible… There are now 1,498 cannabis-related bills moving through state legislatures and Congress for 2020 sessions. Never let a marijuana bill catch you by surprise with exclusive access to Marijuana Moment’s custom-built cannabis legislation tracker for just $25/month. https://www.patreon.com/marijuanamoment / TOP THINGS TO KNOW The House of Representatives again voted to approve marijuana banking legislation—this time as part of a coronavirus relief bill. Meanwhile, Republican lawmakers continued to bash the cannabis provision’s inclusion. It is unclear how the issue will fare in the Senate, where GOP leadership has been largely critical of the overall COVID-19 legislation. Rep. Ed Perlmutter (D-CO) argued in a House floor speech that including marijuana banking in coronavirus legislation is a germane public health protection measure because it stops the spread of the virus though cash transactions many dispensaries are forced to use. “The SAFE Banking Act would address the increased health risk of spreading COVID-19 on bank notes and coins as well as the increased public risk…

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