Seattle accounting cannabis businesses may access financial services

Only just a few days ago, the U.S. House of Representatives passed a measure which protects banks that want to work with legal marijuana businesses. The legislation would also ensure that cannabis businesses may access financial services such as opening accounts, making loans, accepting credit cards and depositing money something they havent been able to do previously because the federal government still considers marijuana use illegal.

With the legal marijuana industry growing, the pressure for legalization on both the state and federal levels is mounting. In fact, according to State of the Legal Cannabis Markets report, Arcview and BDS claim that medical marijuana is expected to be legal in all states by 2024, and recreational marijuana legal in 20 states by the same year.

It would seem that if something should truly be a part of our American way of life, it would be because of certain inalienable rights. In the preamble of our representative republic is found the basis for justly examining whether the business of marijuana is consistent with the American way. In fact, herein are six points that form the sound basis for examining whether anything is at cross purposes with American objectives.

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