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Poll Finds Decline In Support For Marijuana Banking Bill, But 55% Still Want To See Congress Pass It

A majority of Americans—55 percent—say they want Congress to pass legislation allowing cannabis businesses to have access to banking services in states where marijuana is legal, according to a new survey commissioned by the American Bankers Association (ABA).

Conducted last month by Morning Consult, the poll asked 2,211 U.S. adults their opinions on a range of banking matters, most of which centered on consumer issues such as overdraft fees and customer service. But one question plumbed public opinion on banking reform around state-legal marijuana, which remains a top priority for Senate Majority Leader Chuck Schumer (D-NY) and other lawmakers.

The question asks, “Do you support or oppose Congress passing legislation that allows cannabis businesses to have access to banking services and financial products (like checking accounts and business loans) in states where cannabis is legal?”

Of respondents, 28 percent said they “strongly support” such a move, while 27 percent said they “somewhat support” the change. Another 23 percent either strongly (11 percent) or somewhat (12 percent) oppose the change, while 23 percent said they didn’t know or had no opinion.

Via ABA.

“In the wake of the recent Senate Banking Committee vote to advance the SAFER Banking Act,” Rob Nichols,

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