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Good News on the Banking Front for Cannabusinesses?

3/17/2016

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An amendment, introduced by Senator Jeff Merkley, would prevent federal officials from punishing banks that choose to work with cannabusinesses, as long as those businesses are operating legally. It would prevent the government from prosecuting the banks, seizing assets and termination of FDIC insurance with all cannabis businesses. The bill had 6 co-sponsors from both sides of the isle. 
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