Marijuana Banking Protections May Get Revoked by U.S. Treasury Dept.

The Treasury Department’s Financial Crimes Enforcement Network (FinCEN) is being forced to reconsider marijuana banking protections that allowed financial institutions to accept funds from state legal marijuana businesses after the Cole Memo was rescinded and a bipartisan group of politicians sent them a letter requesting that they uphold Obama-era banking guidelines associated with state legal …

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Source: MJFeed

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