Marketplace   Menu Guide   Complete Pages      
butler eagle
Site last updated: Wednesday, March 4, 2015 Bookmark our site!
Local PennsylvaniaNationalInternationalNews Extras  
Published: February 14, 2014 print this article Print save this article Save email this article Email ENLARGE TEXT increase font decrease font

Govt issues road map to banks on marijuana business



WASHINGTON — The federal government is giving banks a road map for doing business with marijuana sellers.
It's another step toward enabling a legalized marijuana industry to operate in the United States.
The Justice and Treasury departments issued new guidance today. It's intended to increase availability of financial services for legal marijuana businesses. But it still preserves the government's power to enforce criminal laws.
The guidance comes after Washington and Colorado became the first states in the nation to approve recreational use of marijuana. A citizens' group is hoping to make Alaska the third state to do so.





Back
Comments
Order Photos!
 
MORE NEWS HEADLINES
arrow Tomorrow's Headlines
arrow One injured in vehicle crash
arrow Brothers' wives give birth to girl, boy on same day
arrow Drill rules aired
 
MOST READ ARTICLES
arrow Two vehicle crashes occur in northern part of county
arrow Questions raised over fatal crash
arrow Questions remain after fatal ATV crash
arrow Banker Samuel ‘Buzz’ Irvine dies at 81