America’s Path To Marijuana Banking Stirs Canada Competition


As the U.S. nears possible regulation that could open the banking doors to legal marijuana businesses, there are some business owners in the industry who may not want to see such legislation pass: the competition in Canada. Reports in the Financial Post on Tuesday (March 26) said the Secure and Fair Enforcement (SAFE) Banking Act faced a review with the House Committee on Financial Services, during which policymakers debated and made changes to the proposed rules.

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