Schumer’s Marijuana Banking Bill: High Hopes or Just Blowing Smoke? 💨🏦
In this video, I’m discussing Chuck Schumer’s plan to legalize marijuana and banking in the United States. Schumer is pushing for a bipartisan solution to marijuana banking and justice reform, and he wants to bring the conversation to the Senate floor.
Marijuana is currently a federally controlled substance, which means that marijuana businesses are not allowed to use traditional banks. This makes it difficult for marijuana businesses to operate and access the financing they need. Schumer’s plan would change that, and would allow banks to work with marijuana businesses. This would help marijuana businesses access the banking services they need and help them to grow.
This is a major step forward in the fight for marijuana legalization, and I believe it has the potential to help marijuana become more