Lawyers, Weed, and Money: H.R. 2076 Found Some Fans
House Resolution 2076 would permit banking for marijuana businesses if they follow certain guidelines. But what does that mean for the banks and the existing federal laws? Wouldn’t they still be aiding and abetting criminal activity? J. Craig Williams and Bob Ambrogi interview Tom Downey from Ireland Stapleton, Professor Sam Kamin from the University of Denver, and Leonard Frieling from NORML. Together they discuss existing federal restrictions, criminal penalties, and how H.R. 2076 might change the landscape. Tune in to hear about the Supremacy Clause, money laundering, and much more. Special thanks to our sponsor, Clio.