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US House passes bill giving pot businesses access to banking

US House passes bill giving pot businesses access to banking

GENE JOHNSON |

The U.S. House of Representatives passed a bill Wednesday that would grant legal marijuana businesses access to banking, a measure that would clear up a longstanding headache for the industry.

The bill, called the SAFE Banking Act, passed 321-103 on the strength of near-unanimous support from Democrats and nearly half of Republicans. Its prospects in the Senate are uncertain, but supporters said the amount of Republican support in the House was a good omen.

US House passes bill giving pot businesses access to banking






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