Lege TREND. Legalized Marijuana + Banking Laws. Read the bill

Some form of marijuana legalization exists in 22 states, but growers have no banking protections from money laundering laws.

What does that means? Profitable cash business + lots of cash + no viable FDIC banks = target for criminials

The federal banking proposal: HR 1595 (2019 | 116th Congress) Secure and Fair Enforcement (SAFE) Banking Act

Why does this matter to states? There are state based banks. CA & IL are wading into figuring out state banking methods.

Governing | Momentum for Fixing Marijuana’s Banking Problem Is Higher Than Ever