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CFO Jimmy Patronis to Congress: It’s Time to Pass Marijuana Banking Bill

3/28/2019

For Immediate Release: Thursday, March 28, 2019
Contact: Katie Strickland, 850.413.2842, katie.strickland@myfloridacfo.com

CFO Jimmy Patronis to Congress: It’s Time to Pass Marijuana Banking Bill

TALLAHASSEE, Fla.—Today, Florida’s Chief Financial Officer (CFO) Jimmy Patronis is calling on Congress to take immediate action and approve legislation which will increase banking options for the marijuana industry across the nation, including Florida’s legitimate medical marijuana businesses.

CFO Jimmy Patronis said, “Legitimate Florida businesses in our medical marijuana industry face incredible security threats and increased opportunity for criminal activity due to the troubling lack of banking solutions. At no fault of their own, medical marijuana companies operating in our state are doing so as cash-only businesses and this is unacceptable. I ask Congress to step up and immediately approve legislation which will increase banking options for our country’s marijuana businesses.” 
 
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About CFO Jimmy Patronis 
Chief Financial Officer and State Fire Marshal Jimmy Patronis is a statewide elected official and a member of Florida’s Cabinet who oversees the Department of Financial Services. CFO Patronis works each day to fight insurance fraud, support Florida’s firefighters, and ensure the state’s finances are stable to support economic growth in the state. Follow the activities of the Department on Facebook (FLDFS) and Twitter (@FLDFS).