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Colorado Attorney General Phil Weiser Leads Coalition To Allow Marijuana Business Access To Federal Banking System

DENVER (CBS4)- Colorado Attorney General Phil Weiser is leading a coalition with 34 other states to allow marijuana businesses to have access to the federal banking system.

retail business bank marijuana cash pot money
(credit: iStock/Getty)

The states are urging Congress to include the legislation in the next coronavirus relief bill.

Weiser said there is a higher safety risk during the coronavirus pandemic because the industry is cash only. That creates a higher possibility of transferring germs through money.

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