As Maryland develops it medical marijuana licensing program, one problem persists. Businesses that sell marijuana complain that they have no place to secure their money.
A recent Senate committee vote took a step toward addressing those concerns.
In a 16-14 vote, largely across party lines, the Senate Appropriations Committee approved an amendment that prohibits money from being used to prevent or penalize financial institutions that provide services to a manufacturer, producer or person in the marijuana business in states where it’s legal.
The amendment is part of the 2017 fiscal year Financial Services and General Government Appropriations Act now headed to the Senate floor.
Click here to read the rest of the article written by Anamika Roy over at Maryland Daily Record