Marijuana legality remains a subject of political contention.

Credit union leaders said they are encouraged by President Donald Trump’s commitment to support a legislative solution that would eliminate the risks from federal prosecution for financial institutions that serve the recreational marijuana industry.

But they also point out there many uncertainties and unanswered questions about Trump’s commitment, which was announced on April 13 by Sen. Cory Gardner (R-Colo.). In addition, an interesting trend is emerging in Washington that shows more federal lawmakers have recently announced plans to introduce new bills or support existing legislative proposals that would decriminalize marijuana at the federal level.

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Peter Strozniak


Credit Union Times

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