Wednesday, March 03, 2021

Wisconsin Banks and Mary Jane

"Never take a pass on making a profit!!"

That would be the Banker Maxim, eh?

...It’s now unclear if a Wisconsin bank could take on an Illinois marijuana dispensary as a customer, for example, explained Wisconsin Bankers Association COO Mike Semmann and WBA Legal Affairs Director Scott Birrenkott. ...

...A statutory change in Wisconsin would give banks the certainty to answer if it’s legal to bank a customer in the marijuna business, Birrenkott added. ...

Gee, boys, the Mafia needs cash-laundries.  Wassamattayouse?  How about issuing mortgages to houses of prostitution?


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