WeedLife News Network

Hot off the press cannabis, marijuana, cbd and hemp news from around the world on the WeedLife News Network.
1 minute reading time (105 words)

KC Fed finds itself at the center of marijuana debate

The Federal Reserve Bank of Kansas City is the target of a lawsuit filed by a credit union seeking to serve the marijuana industry. Image: Dave Kaup/KCBJ
 
The Federal Reserve Bank of Kansas City finds itself in the middle of a heated debate about the legalization of marijuana, as the target of a lawsuit filed by a credit union seeking to serve the industry.
The Federal Reserve Bank of Kansas City is the target of a lawsuit filed by a credit union seeking to serve the marijuana industry. Image: Dave Kaup/KCBJ
~
The Kansas City Fed denied Fourth Corner Credit Union — a state-chartered credit union founded in Colorado in 2014 — a nine-digit routing transit number to create its master account. Because the credit union can't operate without that routing number, it filed suit Thursday in federal court.
 
Click here to read the complete article.
 
×
Stay Informed

When you subscribe to the blog, we will send you an e-mail when there are new updates on the site so you wouldn't miss them.

Why Doris puts cannabis in her sandwiches
On Capitol Hill, Pot Bills Stalled Despite Increas...

Related Posts


WeedLife.com