PNC Bank Closing MPP’s Accounts
If you don't know about the Marijuana Policy Project, they're a lobbying organization for the legalization of marijuana. Whoa! Can ya believe it? So damn sinister I know.
The problem is the Feds are still playing around with this quasi legalization we have where the states get to have it, but the Feds haven't legalized it entirely. So, the same stuff is happening where they play these games like they won't accept your money in the bank.
The organization does not deal directly with the sale or distribution of marijuana, Tvert said. But the 22-year-old lobby group does receive money from state-legal marijuana businesses that pay taxes.
Marijuana remains illegal in the eyes of the federal government, though medical marijuana is legal in 29 states and recreational pot is legal in eight states and the District of Columbia. Banks are supposed to adhere to federal law, so many of them shun state-legal marijuana businesses, forcing some of those businesses to deal in cash.
[MPP’s Mason] Tvert said he wonders why a bank would have a problem dealing with an organization that receives money from marijuana businesses when those businesses pay taxes.
“We receive contributions from state regulated marijuana businesses … that are paying taxes,” he said. “Yet we don’t see anyone shutting down the federal government’s bank account or state or local governments’ bank accounts. We have moved so far toward legitimizing this industry yet we are still seeing these kinds of ridiculous situations that need to be addressed.”
I've just about had enough of this bullshit. The MPP doesn't even do anything but lobby but as you'll see in the article…they don't fucking care. We need to go harder & hammer the Federal government representatives about getting it off Schedule 1 classification, that way we don't have to sit here & play these stupid games anymore.
Source: https://blog.mpp.org/prohibition/pnc-bank-closing-mpps-accounts/
