Bipartisan bill reintroduced to protect banks working with legal cannabis industry

Senators Jeff Merkley and Steve Daines have introduced a bipartisan cannabis banking bill aimed at protecting financial institutions that provide services to marijuana businesses and service providers for those businesses in states where it’s been legalized. The bill has cleared the House several times but hasn’t yet made it through the Senate. The latest introduction is the first time senators have created a path to get the bill to a floor vote in the upper chamber.