Re:Cannabis is legal in most America but federal laws block ...
by zdragnar on Saturday December 24, 2022 @06:04PM
(#34122067)
They aren't legal businesses per federal law. Federal law needs to bring them into compliance (i.e. pot should be reclassified) and the issue goes away, because then you don't have to carve out mandates to banks to work with them.
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Re:Cannabis is legal in most America but federal laws block ...
by matthewdgreen on Saturday December 24, 2022 @06:43PM
(#34122418)
We agree! But carve-outs for banking activity are [eta: more] politically feasible in the short term and full legalization (regrettably) seems to be much farther off. The question is whether it’s better to be consistent and risk more short-term criminal activity or to solve the immediate problem.