Credit union leagues supporting marijuana legalization bill.

Four credit union leagues are supporting a new bill introduced Thursday that would remove the threat of federal prosecution in states that have legalized recreational and medical marijuana use.

Senators Cory Gardner (R-CO) and Elizabeth Warren (D-MA) announced during a press conference they are co-sponsoring the Strengthening the Tenth Amendment Through Entrusting States (STATES) Act of 2018, which received the backing of the Maine Credit Union League, the Mountain West Credit Union Association, the Cooperative Credit Union Association and the Northwest Credit Union Association. The bicameral, bipartisan legislation was also introduced in the House by U.S. Representatives David Joyce (R-Ohio) and Earl Blumenauer (D-Ore.).

Forty-six states currently have laws that permit marijuana or marijuana-based products for either medical or recreational use.