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Home 🌿 Marijuana Business News 🌿 Why Are Oregon Banks Rejecting Legal Marijuana Money? 🌿Why Are Oregon Banks Rejecting Legal Marijuana Money?
Banks in Oregon are rejecting money from legal marijuana businesses over fears that they will face federal money-laundering charges and lose their FDIC insurance if they serve those business. Are the banks’ fears justified? We look at the many challenges facing cannabis business owners on the Lip News with Jose Marcelino Ortiz and Jo Ankier.
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