Fed Reserve chair: Without lawmakers’ guidance, banks can’t take cannabis money

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The chairman of the Federal Reserve signaled at a news conference the central bank is not prepared to give federally chartered banks a green light to serve marijuana businesses in legal markets – at least until lawmakers clarify discrepancies between state and federal law. “This is a very difficult area, because many state laws permit […]

Fed Reserve chair: Without lawmakers’ guidance, banks can’t take cannabis money is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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