Marijuana banking bill gets pushback from Colorado’s Buck, Lamborn
Marijuana Business, Stocks, Finance, & Investing February 17, 2020 MJ Shareholders 0
Twelve members of the U.S. House of Representatives, including two from Colorado, are publicly pushing back against a federal bill that would give legal cannabis businesses access to banking services.
Craig F. Walker , The Denver PostU.S. Rep. Ken Buck in 2014 (Denver Post file)
In a Feb. 13 letter sent to Mike Crapo, chairman of the Senate Committee on Banking, Housing and Urban Affairs, Reps. Ken Buck, R-Windsor, Doug Lamborn, R-Colorado Springs, and 10 other Republican representatives applauded the chairman’s concerns about the Secure and Fair Enforcement (SAFE) Banking Act and urged him to “stand strong” in his assessment of the risks posed by allowing dispensaries, cultivations and other businesses access to the federal banking system.
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