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Rep. Denny Heck Event on Marijuana Businesses and Banking

August 21, 2013 By The Suburban Times

Thursday, August 22, at 6 PM, Congressman Denny Heck will host a town hall-style public event entitled“Preventing Violent Crime and Tax Evasion: Letting Legitimate Marijuana Businesses Use the Banking System” at Olympia City Hall. Interested members of the public are invited to hear from the Congressman about a bipartisan bill he has co-sponsored in Congress, the Marijuana Business Access to Banking Act of 2013, which would let legitimate marijuana businesses access the financial system, including banks and credit unions.

These businesses are currently prohibited from using the financial system, forcing them to operate on a cash-only basis. Allowing them to use the financial system would reduce the risk of violent crime and tax evasion within the legitimate marijuana industry.

A panel of experts in the field will also speak on the issue and field questions on the subject.

This is the first of Congressman Heck’s “Discuss It With Denny Heck” events, a series bipartisan conversations on some of the big issues facing America. Other events in the series can be found here.

WHO:                   Congressman Denny Heck

Alison Holcomb, ACLU-WA and former Campaign Director for New Approach Washington, the I-502 campaign

Steve Fox, National Cannabis Industry Association

Rick Garza, Liquor Control Board

Members of the Public

WHAT:                 Congressman Denny Heck and a panel of experts will discuss the Congressman Heck’s bill, the Marijuana Businesses Access to Banking Act of 2013, which would let legitimate marijuana businesses access the financial system, reducing the risk of violent crime and tax evasion within the legitimate marijuana industry.

WHEN:                 THRUSDAY, AUGUST 22nd, 2013, 6:00 PM PT

WHERE:               Olympia City Hall, Council Chambers

 601 4th Avenue East, Olympia, WA 98501

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