NORML PAC is pleased to endorsed Representative Denny Heck (D-WA) in his campaign to be reelected to the United States Congress representing Washington’s 10th Congressional District.
“Rep. Heck has been a relentless defender of Washington State’s new legal marijuana market and has committed himself to ensuring that the necessary reforms are pursued to make this program a resounding success,” stated NORML PAC Manager Erik Altieri, “Washington state residents would be well served by giving him another term in Congress to continue to push for the required changes to federal marijuana laws to allow legalization to flourish.”
“Washington state voters made the decision two years ago to regulate our state’s marijuana marketplace. As their elected U.S. Representative, part of my job is ensuring we implement this new law in a safe and fair manner,” Representative Heck stated, “One of the most important aspects of implementation from a public safety standpoint is making sure regulated marijuana businesses have consistent access to banking and financial services. Without this access, the regulated marijuana industry is forced to operate on a largely cash-only basis, increasing the chances of tax evasion, embezzlement, and even armed robbery.”
“As a member of the U.S. House Financial Services Committee, I’ve pressed my colleagues, the Treasury Department, and the Department of Justice to make needed changes in how the federal government treats regulated marijuana businesses. Congressman Ed Perlmutter and I have introduced bipartisan legislation that would grant legitimate marijuana businesses access to banking services in states with legal marijuana markets,” Heck continued, “Earlier this spring, after prodding by myself, Rep. Perlmutter, and many in the regulated cannabis industry, the Obama Administration issued new guidance as to how federal regulators should treat banks and credit unions who have regulated marijuana businesses as clients. We’ve already started to seem some of the effects of this new guidance: multiple credit unions in Washington state have begun offering financial services to regulated marijuana businesses. I will continue working this issue in the months and years ahead, just as the voters of my district want.”