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Ben McAdams on Drugs

 

 


Marijuana banking bill gives safe harbor for businesses

Rep. Ben McAdams, who sits on the House Financial Services Committee and voted for the bill, stressed that the bill doesn't legalize marijuana on the federal level, but does give "safe harbor" for the state approved businesses in Utah's medical marijuana system. And the protections extend to accountants, lawyers, electricians and other professionals who might do business with legal cannabis businesses.

Rep. John Curtis echoed the states' rights argument in a statement issued after his vote to support the bill. "Utah has spoken and the state's medicinal cannabis program is greatly complicated without a safe harbor for institutions that provide financial services to cannabis-related businesses," he said.

Source: Deseret News on 2019 UT-4 House incumbent , Oct 30, 2019

2021-22 Governor, House and Senate candidates on Drugs: Ben McAdams on other issues:
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