SAFE Banking Act Gains Cannabis-Friendly Spotlight In Congressional Hearing
PYMNTS
FEBRUARY 14, 2019
Over the last two years, more than $500 million worth of cash deposits from the legitimate cannabis business has flowed into Maps Credit Union in Salem, Oregon. The speakers told stories of violent armed robberies, money laundering and tax evasion, among other negative impacts of a cash-based industry. But that’s the exception.
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