Conservative Nonprofit ALEC Pushing for Cannabis Banking Bill

Conservative Nonprofit ALEC Pushing for Cannabis Banking Bill

ARLINGTON, VA — The conservative non-profit ALEC, brief for the United states Legislative Exchange Council, has passed a quality this …urging monthcongress to do something to supply usage of banking and insurance solutions to cannabis and cannabis-related appropriate organizations.”

The proposed legislation would offer protections for insurers ranging from surety relationship authors to depository institutions that provide solutions to the cannabis industry. Moving legislation that is such truly have an enormous influence on a business this is certainly quite cash-heavy as a result of there being few alternatives for business people when it comes to banking. Continue reading