Policy

DOJ Gives Guidelines for Banks to Serve Marijuana Sellers

Where it's been legalized

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The federal government is giving banks a roadmap for doing business with marijuana sellers. 

It's another step toward enabling a legalized marijuana industry to operate in the United States. 

The Justice and Treasury departments issued new guidance on Friday. It's intended to increase availability of financial services for legal marijuana businesses. But it still preserves the government's power to enforce criminal laws.