Should Marijuana Businesses be able to open bank accounts? (HR2076)

Summary for Congressional bill HR 2076 (114th): Allows legal marijuana companies to open bank accounts. In Depth: The FDIC is a federal (national) institute that guarantees a bank’s deposits. However, since marijuana is illegal on the national level, banks can run into trouble. Banks are not allowed to knowingly serve a customer who is engaged in illegal […]

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