A congressional committee voted on Thursday to approve legislation aimed at increasing marijuana businesses' access to banks.

Following multiple days of lengthy debate and consideration of several amendments, the House Financial Services Committee voted 45 to 15 to advance the legislation to the full body.

Floor action has not yet been scheduled, but cannabis reform advocates are hopeful that the committee approval of the banking bill is a sign Democrats are ready to move broad marijuana reforms this year.

Click here to read the complete article

Tom Angell ~ Forbes.com

Recent News Articles

Tuesday August 20

Wasn’t the DEA Going to Let Others Grow Research-Grade Cannabis?

in Science

by Bruce Kennedy - Editor in Chief

Arizona-based researcher Dr. Sue Sisley is spearheading an extraordinary lawsuit against the U.S. Drug Enforcement…

173 hits

Tuesday August 20

California’s legal marijuana will outsell the black market in 5 years, forecast says

in U.S. News

by Bruce Kennedy - Editor in Chief

California’s black market for marijuana still rakes in more cash than the state’s legal cannabis…

178 hits

Tuesday August 20

Study on cannabis chemical as a treatment for pancreatic cancer may have 'major impact,' Harvard…

in Medical News

by Bruce Kennedy - Editor in Chief

Pancreatic cancer makes up just 3 percent of all cancers in America. But with a…

370 hits

Wednesday August 21

Former MLB All-Star Shane Victorino Talks Plans To Give Back To Hawaii Through New Cannabis…

in Sports

by Bruce Kennedy - Editor in Chief

Scores of athletes have entered the cannabis space in recent years. A few notable names…

172 hits

Thursday August 22

Colorado Researchers Study Cannabis and Athletes

in Sports

by Mike Fuller

A group of Colorado researchers recently studied how cannabis use affects athletes, and found a…

172 hits