Marijuana Reclassification Impacts Bank Servicing of Businesses

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Cannabis News
May 29, 2024

DOJ’s Marijuana Rescheduling Proposal Leaves Key Issues Unresolved for Financial Institutions. The Department of Justice’s move to reclassify marijuana as a less dangerous drug, on which it began formal proceedings on May 16, won’t legalize state-level adult use and medical marijuana unless it’s

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