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News analysis

US banks can do business with hemp firms (unless they get suspicious)

Written by || 20th January 2020 || News analysis | Regulation and legislation | US federal regulation | GeographiesNorth America United States

Federal banking regulators have issued guidance clarifying the legal status of banks doing business with hemp firms, permitting it as long as they follow and comply with the relevant requirements of the Bank Secrecy Act
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CannIntelligence

This article was written by one of CannIntelligence’s international correspondents. We currently employ more than 40 reporters around the world to cover individual cannabis and cannabinoid markets. For a full list, please see our Who We Are page.

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