Another Step Forward for Cannabis Banking
Greenspoon Marder Cannabis Law Group Blog
JULY 19, 2019
Cannabis Banking. By: Nabil Rodriguez, Esq. & Victor Fox*. On Tuesday July 23, the Senate Committee on Banking, Housing, and Urban Affairs will discuss the growing need to provide banking services to cannabis businesses. The scheduled hearing, titled “Challenges for Cannabis and Banking: Outside Perspectives” has surprised some in the industry considering that Idaho Senator and Senate Banking committee chairman, Mike Crapo, recently stated he would not consider giving this matter a hearing.
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