Federal Reserve Official Pledges To Tell Banks They Can Service Hemp Businesses

Marijuana Moment
By Kyle JaegerJun 5, 2019, 4:32 pm250 pts
A top official with the Federal Reserve said on Wednesday that the department would clarify to banks that hemp is a legal crop and that they are allowed to provide hemp businesses with financial services without violating the law. During her confirmation hearing for a renewed term, one of the Fed’s board…

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