Allowing marijuana businesses to open bank accounts could be part of coronavirus stimulus
Legislation allowing banks to provide credit cards and checking accounts to legal cannabis businesses has been stalled in the Senate. But members of Congress are looking to add its provisions to the next coronavirus stimulus bill, NJ Cannabis Insider has learned.
The argument is that many patients who use legal marijuana are among the most vulnerable to contracting COVID-19, and forcing them to deal in cash also puts employees at risk.