Dankr.ca – Your Toronto Connection
Article by Monica Mendoza, Denver Business Journal
Republicans on the U.S. House of Representatives’ Rules Committee have blocked an amendment that would have banned federal regulators from penalizing banks and credit unions for providing banking services to marijuana businesses.
The amendment was filed Monday by U.S. Reps. Ed Perlmutter, D-Golden, and Denny Heck, D-Washington state, as part of the Fiscal Year 2017 Financial Services and General Government Appropriations Act, HR 5485.
Following Wednesday’s committee action, a disappointed Perlmutter said the amendment would have allowed legitimate marijuana-related businesses operating according to state laws to access the banking system in an effort to reduce the risks and public safety concern of operating as a cash-only business.
He noted the amendment was blocked just days after a security guard was killed at a marijuana dispensary in Aurora.
![Police across the UK are given green light to let cannabis users off scot-free and suggest they get treatment instead of punishment Police will ask cannabis users to go for treatment rather than prosecuting them The softening of approach was announced by the National Police Chiefs’ Council Chief constables can decide to arrest and charge, caution or warn those caught By STEVE DOUGHTY FOR THE DAILY MAIL Suggesting to users that they opt for drug treatment means there is no arrest or even a minor criminal sanction, but there is no pressure on the user to take up the treatment [File photo]](https://i1.wp.com/dankr.ca/wp-content/uploads/2019/04/news-32.jpg?resize=300%2C160&ssl=1)