Thursday, August 28, 2014

Big U.S. banks seek new clarity on risks of marijuana-linked accounts

By Brett Wolf ST. LOUIS (Thomson Reuters Accelus) - Major banks are getting increasingly wary of some transactions with smaller banks that have begun to allow marijuana businesses to open accounts. The problem arises because in Colorado and Washington states, marijuana for general use is legal, and in a host of other states it is legal for certain medicinal purposes. Treasury Department's anti ...

News Source

No comments:

Post a Comment