Two in three Americans want to see Congress pass a bill letting state-legal marijuana businesses access traditional banking services like checking accounts and loans, according to a new poll from the American Bankers Association (ABA).
The survey that was released on Thursday included two cannabis banking questions: the first generally polled respondents on whether they feel marijuana businesses should be able to access basic financial services and the second asked if Congress should do something about it.
Support was consistent for both, with 66 percent of respondents saying they favor the proposals, including 37 percent who said they “strongly” support them. Only 16 percent of Americans said they oppose having lawmakers enact marijuana banking reform.
Via ABA.
“Americans firmly believe that now is the time to resolve the ongoing conflict between state and federal law to allow banks to serve legal cannabis and cannabis-related businesses,” ABA President and CEO Rob Nichols said in a press release. “We urge Congress to pass the SAFE Banking Act this year to enhance public safety in the 38 states where cannabis is legal in some form.”
That bipartisan legislation has passed the House in some form seven times now, but it’s continued to stall
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