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04-13-2015, 10:09 AM #1
Reputation points: 3174
- Join Date
- Dec 2012
- Posts
- 116
We like dispensaries and have funded them at Rapid for many years. Recently our bank and lender told us that we could not have dispensaries in our portfolio or run the daily ACH through their bank even if they weren't funding the deal. Banks are getting heavy regulatory pressure in certain segments. Marijuana is still a controlled substance at the federal level regardless of what the states do.
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