Senators on Thursday unveiled a bipartisan cannabis banking legislation, pushing forward an initiative that’s cleared the House several times before but hasn’t yet made it through the Senate. Sens. Jeff Merkley (D-Ore.) and Steve Daines (R-Mont.) introduced a bill aimed at protecting financial institutions that provide services to marijuana businesses and service providers for those businesses in state’s where it’s been legalized, according to bill text shared by Punchbowl News. “Right now, legal cannabis businesses are forced to operate entirely in cash. It's a dangerous system—ripe for robbery, assaults, tax fraud, and money laundering. If you care about public safety, cash is a
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