Federal credit union regulator espouses hands-off marijuana policy

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Credit unions in state-legal markets won’t risk punishment for providing services to marijuana-related businesses as long as they follow strict banking regulations, a federal credit union regulator said. “It’s a business decision for the credit unions if they want to take the deposits,” National Credit Union Administration (NCUA) chair Rodney Hood told the Credit Union […]

Federal credit union regulator espouses hands-off marijuana policy is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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