Oregon Marijuana Banking Bill Heading to Governor’s Desk
A marijuana banking bill is heading to the desk of Oregon Gov. Kate Brown after sailing through the state legislature last month.
The bill, HB 4094, exempts financial institutions from state criminal prosecution for providing financial services to legal marijuana businesses, so long as those companies and financial institutions don’t violate other state laws.
What the bill cannot do, however, is guarantee that the federal government won’t shut down banks for providing financial services to marijuana businesses.
The Department of Justice issued guidelines in 2014 stating that federal law enforcement will not give priority to
Oregon Marijuana Banking Bill Heading to Governor’s Desk is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs