Oklahoma lawmakers look to create nation's first marijuana banking system

Oklahoma Lawmakers okayed a bill to establish the country’s first marijuana banking system in the Sooner State.  

The big banking problem for the medical marijuana industry remains the drug is illegal on the federal level, making any money touching it illegal in the eyes of the feds.  

Now, Oklahoma lawmakers are looking to crypto currency as a blueprint to get around federal banking laws.  

“This is based on the real dollar, we just stole their method that they were using,” Rep Justin Humphry, R-Lane, said.  

He said his bill would bring Medical Marijuana banking into the 21st century.  

“Kind of like the ideal of a credit card, so if you swipe a credit card it is a digital process,” he said.