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I think that a cursory search for banking and cannabis will reveal the pressure the US government puts on this industry. Banking for cannabis is much easier in
by mmastrac 5y ago
I think that a cursory search for banking and cannabis will reveal the pressure the US government puts on this industry. Banking for cannabis is much easier in canada. You can purchase weed with a Visa no problem.
- JumpCrisscross 5y ago> the pressure the US government puts on this industry Sure. But OP mentioned the U.S. government "currently blocking transactions" from cannabis businesses.
- sojournerc 5y agoAFAIK, a bank could lose their FDIC backing (Federal deposit insurance) if they support cannabis transactions.