Colorado's bud business would get bank access, federal OK under bill from Cory Gardner and Elizabeth Warren. But what are its chances?

Colorado's marijuana business would get bank access, national OK under bill from Cory Gardner and Elizabeth Warren. But what are its chances?

WASHINGTON — The national government would be forced to respect state laws on marijuana under a bill introduced Thursday by U.S. Sens. Cory Gardner and Elizabeth Warren.

The step, which is welcomed by the cannabis industry but faces a difficult path to becoming law, wouldn’t legalize the drug in states that haven’t sanctioned its use or sale. Nor would it expand its legality beyond whatever a nation has approved — say, to authorize recreational usage in a state that has approved marijuana just for medical purposes.

But in states that have welcomed marijuana, such as Colorado, the measure would end the current conflict between federal and state law by providing states the upper hand.

Released at Fri, 08 Jun 2018 12:14:55 +0000

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