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Analysis

New Hemp Banking Guidance Unlikely To Sway Wary Lenders

By Sam Reisman (December 12, 2019, 7:52 PM EST) -- When four federal banking regulators, including FinCEN, announced they were easing the reporting requirements for banks working with hemp producers, many stakeholders took it as a welcome sign of the industry's legitimization. But cannabis attorneys say the guidance on its own is not enough to persuade jittery financial institutions to enter the space....

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