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Uncle Sam's Bankers Are Starting to See Weed Our Way
by Michael A. Robinson (03/01)
Some of the clouds surrounding banking and marijuana-related companies have cleared. That's thanks to the recent end of a 40-month legal fight by Denver, Colo.-based Fourth Corner Credit Union to win favor with the Federal Reserve Bank of Kansas City. On Feb. 2, the Kansas City Fed gave conditional approval to Fourth Corner Credit Union to launch its business catering to cannabis-related companies.
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