MARIJUANA | Heldut for Congress

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Heldut For Congress

PO Box 246, Mount Prospect, IL 60056

MARIJUANA

Illinois became the 11th state to legalize recreational marijuana. There is no reason to hold marijuana illegal under Federal Law. Cannabis is a multi-billion dollar industry that can be taxed and create jobs, and decrease the influence of the pharmaceutical industry in our government and society. There is also no reason why family-run and state-regulated dispensaries and cultivators should be denied banking services. It is due to our own Federal government’s anti-money laundering regulations that require banks to file suspicious-activity of customers when banks suspect dealings in illegal activities: i.e. controlled substance of marijuana. If banks do not file such reports it can open up banks to potentially large fines and regulatory sanctions. 

 

I will support full federal legalization taking marijuana off the controlled substance list and treat it like alcohol and business can prosper and revenue for government will be raised.