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Posted inCalifornia

Trump Administration’s Shift on Marijuana Could Imperil Banking Arrangements

Jan 8, 2018 – By rolling back an Obama-era memo that shielded legal marijuana users, growers and distributors from federal prosecution, U.S. Attorney General Jeff Sessions may compel many banks and credit unions to stop working with marijuana businesses. That’s because the memo Sessions rescinded, drafted by former Deputy Attorney General James Cole, is the […]