SAFER Banking Act: Will marijuana be re-scheduled under the Controlled Substances Act?
Abrigo
SEPTEMBER 25, 2023
Guam, Puerto Rico, the Northern Mariana Islands, and the U.S. Virgin Islands , have legalized marijuana in some form , many banks and credit unions are reluctant to take on the risks associated with providing services to marijuana-related businesses. In addition, reputational risk is a factor in many conservative communities.
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