Federal Agency Gives Update On Hemp Banking Rules For Credit Unions

Marijuana Moment
By Kyle JaegerJun 17, 2020, 12:29 pm296 pts
The National Credit Union Administration (NCUA) issued a memo on Tuesday explaining issues related to providing financial services to hemp businesses. While the federal agency provided guidance on the topic last year after the crop was legalized under the 2018 Farm Bill, it said the new document’s “purpose is…

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