Congressman Blumenauer Applauds House Financial Services Committee Hearing on Marijuana Banking Legislation

February 11, 2019
Press Release

 

Washington, DC – Congressman Earl Blumenauer (OR-03), founder and co-chair of the Congressional Cannabis Caucus, today issued the following statement:

 

“Last fall when we introduced our blueprint for action in the 116th Congress on cannabis reform, we identified the access to banking issue as one of the first dominos that should fall. With Chairwoman Waters scheduling a hearing on the historic legislation by Congressmen Heck and Perlmutter, we are finally making progress toward addressing the irrational, unfair, and unsafe denial of regular banking services for state legal marijuana businesses around the country.”

 

“Congressmen Heck and Perlmutter have been tireless champions of this new and vibrant industry and this is an important step forward toward ultimately ending the failed prohibition of marijuana.”

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