Federal Regulators Ease Hemp Banking Protocols Following Crop’s Legalization

Marijuana Moment
By Kyle JaegerDec 3, 2019, 11:00 am208 pts
Federal financial regulatory agencies are clarifying that banks no longer have to take extra steps to track accounts for hemp-related businesses. Before hemp and its derivatives were federally legalized under the 2018 Farm Bill, financial institutions were required to file suspicious activity reports (SARs)…

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