LANSING (AP) — Michigan Gov. Gretchen Whitmer is among 18 governors to sign a letter urging Congress to open the U.S. banking system to the legal marijuana industry.

In the letter written Friday and released Monday, the governors say the cash-only environment is a threat to public safety and a burden for governments that tax and regulate marijuana businesses.

Whitmer, a Democrat, says in a written statement that states are seeking a “real solution to a real problem.”

Most banks will not do business with the industry because the federal government still considers marijuana illegal.

Michigan voters legalized the use of marijuana for recreational purposes last fall, a decade after approving medical marijuana.

Michigan’s Democratic Attorney General Dana Nessel was among 33 attorneys general to sign a similar letter to Congress last month.

© 2019 CBS Broadcasting Inc. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed.

  1. Ben James Yokel says:

    The U.S. Federal government’s position on cannabis is, and has always been blatant bold faced lies. More evidence comes out every day proving that cannabis is much safer than alcoholic beverages or tobacco products. The DEA “drug schedule” has absolutely nothing to do with public safety and everything to do with politics and government corruption. Based on the DEA cannabis is more dangerous than Methamphetamine, Cocaine or Fentanyl!! Serial killers tobacco and alcohol are not even on the DEA drug schedule!

    * SCHEDULE 1
    Heroin, LSD, Marijuana (cannabis), MDA (ecstasy)

    * SCHEDULE 2
    Cocaine, Methamphetamine, Oxycodone, Fentanyl, Dexedrine.

    * SCHEDULE 3
    Tylenol with codeine, Ketamine, Anabolic steroids, Testosterone.

    Enough with reefer madness, Legalize, regulate and tax recreational cannabis!

Leave a Reply