July 18, 2023 | New Jersey Law Journal
SAFE Banking Act Will Ease Tension Between NJ and US Cannabis LawsFearing potential penalties and asset forfeiture by federal banking regulators, most financial institutions have steered away from cannabis all together, leaving state-licensed cannabis businesses with limited options when it comes to opening checking accounts, borrowing money, and accessing other banking services.
By Zachary M. Rosenberg
8 minute read
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