Marijuana-friendly states ask Congress to make banking legal for the weed industry

Yahoo Tech

Recreational marijuana might be having its moment, but that doesn't mean that all the kinks are worked out. Due to laws that still classify it as an illicit substance on the federal level, the banking industry has yet to warm up to the burgeoning weed business for fear of criminal liability.

To alleviate those fears, a bipartisan group of 18 attorneys general from states with recreational and medical marijuana wants to bring the industry's financial side out of the shadows and they're asking Congress for help in a new letter.

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