Senators Sanders, Warren, Booker and Others Join Forces in Calling for Cannabis Banking

A group of U.S. senators have sent a letter to the Treasury Department’s Financial Crimes Enforcement Network urging the government to allow cannabis banking.

cannabis bankingThe bipartisan group of senators that sent the letter include Senators Bernie Sanders (I-VT), Elizabeth Warren (D-MA), Cory Booker (D-NJ), Lisa Murkowski (R-AK), Jeff Merkley (D-OR), Angus King (I-ME), Ron Wyden (D-OR), Kirsten Gillibrand (D-NY), Patty Murray (D-WA) and Al Franken (D-MN).

“The majority of legal marijuana businesses, and businesses that provide services to them, are all but barred from participating in the financial system,” states the letter. “As a result, many legal businesses are forced to operate in cash, which jeopardizes community safety.”

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National Democrats Approve Party Platform Calling for Cannabis Law Reform

dncThe Platform Drafting Committee for the Democratic National Committee has given unanimous approval to a party platform calling for a reformation of the nation’s cannabis policies.

Although members of the committee appointed by Senator Bernie Sanders put forth a platform stating that the Democrats support “removing marijuana from the Controlled Substances Act and allowing states to set their own policies”, the committee eventually passed something considerably more conservative.

The approved platform reads:

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Presidential Candidate Bernie Sanders Supports Decriminalizing Cannabis, Legalizing Cannabis for Medical Use

Vermont Senator Bernie Sanders, a 2016 presidential candidate.
Vermont Senator Bernie Sanders, a 2016 presidential candidate.

Senator Bernie Sanders (I-VT), a 2016 candidate for President of the United States, says that he supports decriminalizing cannabis, and supports legalizing it for medical use.

“Let me just say this,” Sanders said during a recent Reddit Ask Me Anything (AMA) interview. “The state of Vermont voted to decriminalize the possession of small amounts of marijuana and I support that. I have supported the use of medical marijuana. And when I was mayor of Burlington, in a city with a large population, I can tell you very few people were arrested for smoking marijuana. Our police had more important things to do.”

Read morePresidential Candidate Bernie Sanders Supports Decriminalizing Cannabis, Legalizing Cannabis for Medical Use