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Many states have legalized marijuana in some form, but under federal law it remains a controlled substance. That conflict creates challenges when cannabis-related businesses seek banking and other financial services from federally regulated institutions. In this video, GAO Director Courtney LaFountain explains: • The federal guidance available to financial institutions serving cannabis-related businesses • Why banks must conduct enhanced due diligence and file additional reports • What financial institutions consider when deciding whether to serve the cannabis industry • Why cannabis businesses may face higher banking fees and limited access to loans • How restrictions on payment processing
“Don’t See Shohei Ohtani Doing This” – MLB Fans Give MVP Verdict After Pete Crow-Armstrong’s Insane Catch in Cubs Win vs Marlins
Eintracht Frankfurt abandon Kalimuendo deal over Nottingham Forest price tag
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Small Business Administration to provide relief in Randolph, Saline County following severe weather
Arteta builds on firm foundations - still business to be done?
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US Small Business Administration to offer low-interest loans to Indiana homeowners, entrepreneurs impacted by flooding
Colorado Sues EarnIn For “Immoral, Unethical, Oppressive and Unscrupulous” Business Practices
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White House withholding $289 million of small business loans
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Historic redlining continues limiting healthy food access, study finds
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Trump’s war on woke leaves almost $300 million in small-business loans in limbo
Small businesses affected by Boyle Heights warehouse disaster can apply for federal assistance
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