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Are local, state-chartered banks with no branches outside of their home state just as squeamish when it comes to marijuana businesses?
by uiri 9y ago
Are local, state-chartered banks with no branches outside of their home state just as squeamish when it comes to marijuana businesses?
- UncleEntity 9y agoFeds don't care, all they have to do is find a single dollar bill printed outside the state and they have jurisdiction.
- asmithmd1 9y agoUntil the interstate banking act of 1994, all banks had branches only in their own state.
- Feniks 9y agoBanks will be blacklisted if they finance drugdealers. The US war on drugs is no joke and it is international. If your bank participates in the global financial system it can't ignore the US.