Governmental Affairs News: Jan. 18, 2023

Minn. House Committee Hears Recreational Marijuana Bill; Federal Regulatory & Legislative Hurdles Remain: Last week, a Minnesota House Commerce committee approved a bill that would legalize recreational marijuana. Chair of Commerce Chair Zack Stephenson (DFL-Coon Rapids) remarked during testimony that he expects the nearly 300-page bill to go through 12 more committees, so legalization remains a long way off. 

It's important to note that financial institutions will not automatically be allowed to serve cannabis-related businesses.​

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