It’s Now Legal for Credit Unions to Serve Hemp Businesses

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Summary

Hemp producers can finally open bank accounts, receive loans, and set up credit card payments — the same as any other agricultural business in America.

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After nearly 80 years of prohibition, hemp farmers and CBD producers will finally be able to put their hard-earned profits in the bank.

Under current federal law, any financial institution that handles money related to federally-prohibited drugs can be charged with money...

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