THE HILL: Marijuana advocates stunned after McConnell opposition dooms banking bill

Marijuana advocates and executives are up in arms after opposition from Senate GOP Leader Mitch McConnell (Ky.) resulted in Congress failing to pass a key cannabis banking bill, dealing a massive blow to the industry. 

The $1.7 trillion omnibus spending bill unveiled Tuesday includes all kinds of expenditures, but it does not include the SAFE Banking Act, a bipartisan measure that would undo federal restrictions that make it difficult for legal cannabis businesses to access financial services.

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