Daily Marijuana News 8-6-15

By on August 6, 2015

In the clearest sign yet that we’re on the doorstep of wide spread cannabis legalization, a congressional committee approved an ammendment to allow marijuana businesses access to federal lending funds. We’ve always said “follow the money to find the fire producing the smoke” and in this instance, it’s clear that someone high up in the economic elite realizes that the days of marijuana as a cash and carry business must come to an end soon. Too many tax dollars that must be massaged to ignore it any longer in our opinion. Keep the faith, nationwide legalization is right around the corner.

 Congress Summer Fling With Marijuanahttp://www.politico.com/magazine/story/2015/07/dea-marijuana-120674.html

 h/t politico.com Its not easy being the DEA these days. Last Thursday, the Appropriations Committee voted 16-14 on an amendment to allow marijuana businesses access to federal banking services, a landmark shift that will help states like Colorado, where pot is legal, fully integrate marijuana into their economies. As significant as the vote was, its only the latest vote in a remarkable run of success marijuana advocates have had this year on Capitol Hill.

Last Thursday, the Appropriations Committee voted 16-14 on an amendment to allow marijuana businesses access to federal banking services, a landmark shift that will help states like Colorado, where pot is legal, fully integrate marijuana into their economies. As significant as the vote was, it’s only the latest vote in a remarkable run of success marijuana advocates have had this year on Capitol Hill.

Also on the congressional front, cannabis friendly democrats are rallying to keep passed resolutions from being sidestepped for those with a personal vendetta against our fabulous flower. Remember that when you hit the polls in November.

 Congressmen Ask DOJ Inspector General to Investigate Continued Harassment of Medical Marijuana Patients and Providershttps://reason.com/blog/2015/07/31/congressmen-ask-doj-inspector-general-to

 Read more… The DOJ claims otherwise, and yesterday Rohrabacher and Farr tried once again to set the record straight, asking the department’s inspector general to investigate the failure to comply with the rider. The one goal she most assuredly has not accomplished is closing downHarborsideHealthCenter.

The omnibus spending bill that Congress approved last December included a rider aimed at preventing the Justice Department from interfering with state medical marijuana laws. The rider, which was introduced by Reps. Dana Rohrabacher (R-Calif.) and Sam Farr (D-Calif.), tells the DOJ it may not spend money to “prevent” states from “implementing” laws alllowing medical use of cannabis. During the debate that preceded the House vote on the Rohrbacher-Farr amendment, both supporters and opponents agreed that it would block federal prosecution of patients and providers who comply with state law. The DOJ claims otherwise, and yesterday Rohrabacher and Farr tried once again to set the record straight, asking the department’s inspector general to investigate the failure to comply with the rider.

Last April a DOJ spokesman, Patrick Rodenbush, told the Los Angeles Times the Rohrbacher-Farr amendment has no bearing on forfeiture actions against dispensaries such as Oakland’s Harborside Health Center or the prosecution of people who grow marijuana for their own medical use, such as the Kettle Falls Five in Washington. Rodenbush said the amendment merely stops the Justice Department from “impeding the ability of states to carry out their medical marijuana laws.” In a July 30 letter to DOJ Inspector General Michael Horowitz, Rohrabacher and Farr say “Mr. Rodenbush’s interpretation is clearly a stretch,” since “the implementation of state law is carried out by individuals and businesses as the state authorizes them to do.” They add that the debate over their rider clearly shows the legislators who voted for it (and against it) understood it as protecting people who follow state law from federal harassment.

In our final story, also focusing on following the money to the fire causing the smoke, a forward thinking credit union in Denver is suing the Federal Reserve for rejecting their access to funds as outlined in our first story today. Even when a battle is won, it seems like the war for our minds, dollars, and personal freedoms will never end.

 

 Cannabis credit union in Denver sues Federal Reserve over rejection

https://www.yahoo.com/politics/cannabis-credit-union-in-denver-sues-federal-125519842981.html Via yahoo.com The credit union, which was quietly notified of its rejection in July, filed a lawsuit in federal court against the central banking system for the setback, the New York Times reported Thursday. I felt all along like they were trying to figure out a way to deny our application, Mason told the Times, adding that a federal judge who is only concerned in applying the law can [now] make the decision. Mason confirmed the lawsuit in an email to The Denver Post later that night. TFCCU looks forward to having this matter ruled upon by a federal judge, he wrote.

Fourth Corner Credit Union (TFCCU) in Denver wants to be the first to provide financial services to the marijuana industry in Colorado, where recreational use of the drug is legal under state law.

“Congress has to act. Forcing marijuana businesses – which are on pace to do almost $1 billion in sales in Colorado alone – to operate entirely in cash puts a bullseye on those businesses, their employees, their customers and everyone around them” Riffle said. “State, federal and local law enforcement have rightly called it a public safety nightmare”

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