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See what top U.S. banking regulators are doing to aid the cannabis industry

See what top U.S. banking regulators are doing to aid the cannabis industry

a banking that is top in Louisiana, along side 12 peers in other cannabis-legal states, is asking the U.S. Congress to clear the method for banking institutions in order to do deals with cannabis companies.

John Ducrest, commissioner of Louisiana’s workplace of finance institutions, joined up with other state monetary regulators whom signed a page addressed to congressional leaders looking for safe harbor legislation for banking institutions which can be ready to work with cannabis organizations.

The connection between cannabis and finance institutions

In the event that you don’t know already, the cannabis industry happens to be desperate for finance institutions which can be prepared to handle its cash. Continue reading