NYT Editorial--> Congress and Obama Are Too Timid on Marijuana Reform

[Buzz cook]

1. Not surprising that Obama is timid, but inimical is how I'd describe congress.

Obama's administration could reclassify marihuana without needing congressional approval. I doubt that will happen.

Recently, the Federal Reserve denied a master account to a credit union in Colorado seeking to provide financial services to marijuana businesses.

I think the states that legalize should start their own state banks. They can use the State Bank of North Dakota as a model.
http://banknd.nd.gov/

Handling money is a huge problem without access to banks. Having a state bank would solve that problem and it should give more legitimacy to commercial marihuana industry on the national stage,