The Obama administration Thursday afternoon announced new guidelines that will allow financial institutions to provide services to marijuana businesses in states where it is legal.
Banks were given a green light Friday to offer services to the legal marijuana industry, but must continue to report any suspicious activity specific to that industry to federal authorities.
A bill to legalize recreational marijuana in Hawaii died in committee Thursday. But state lawmakers advanced a measure that could decriminalize possession of up to an ounce of the drug.
Recently, the Obama administration continued to focus on criminal justice reform by zeroing in on felony disenfranchisement and calling for the restoration of voting rights to former felons.