Marketplace   Menu Guide   Complete Pages      
butler eagle
Site last updated: Monday, September 22, 2014 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 Mom charged with child endangerment
arrow Woman promoted to lead VNA
arrow Teenage brothers accused in home invasion attack
 
MOST READ ARTICLES
arrow Long funeral procession shows love of young boy
arrow Man dies in 3-vehicle crash on Route 68
arrow Wasn’t raised that way
arrow POLICE REPORTS