[mojave green]

cali banks need not apply:
https://www.laweekly.com/informer/201...-in-california

[stasis]

I don't see the roadblocks down based on this missive.. Maybe a start... As said above, making the banks responsible to monitor transactions for lawfulness is a bad idea. The banks will not take chances. For they are banks.

[TheCleanGame]

Originally Posted by Ignorant Prohibitionist with NO Education Regarding Cannabis

The guidance provided the banks with more than 20 "red flags" that may indicate a violation of state law. Among them: if a business receives substantially more revenue than its local competitors, deposits more cash than is in line with the amount of marijuana-related revenue it is reporting for federal and state tax purposes, or experiences a surge in activity by third parties offering goods or services such as equipment suppliers or shipping services.

What retarded crap. LOL You're right Skip.

IF a business receives substantially more business than it's competitors? Damn straight I'd be selling 4 times as much as my competitors, had I damn retail shop. What retards.

Still... it's a go for banking and that means a go for the end of Prohibition and the beginning of formal Federal taxation. Just waiting for it to come down the pipe next year.

Keep it Clean!

[slomocean]

slowly but surely

[yortbogey]

oh i see..... g8t info

[richyrich]

WTF... F*** the banks and the federal reserve bankster criminals.

The guidance provided the banks with more than 20 "red flags" that may indicate a violation of state law.

Among them: if a business receives substantially more revenue than its local competitors,

deposits more cash than is in line with the amount of marijuana-related revenue it is reporting for federal and state tax purposes

When did the banks get policing powers. Why are investigative duties being thrust upon the banks. They are only banks. They are there only to continue there massive ponzi scheme. How are they to achieve these duties.

I want to know how in the world a bank is suppose to know what a business is reporting to two separate agencies re fed and state taxes. How is a bank suppose to gain access to this information to cross check it as part of its new investigative duties.

How in the world is a bank suppose to know what other competitors revenues are if the competitors don't bank with them.

These are the questions that are huge red flags. I wouldn't do any business with banks as a mmj biz. I don't even do business with them ever. They are crooks, always have been and always will be. Nobody needs to keep their money in the bank. They don't give you s**** for it while they make a ton of dough off of your money.

Just wait till when they crash the economy soon and reset the dollar and every dollar loses 60% of its value. How long do you think the federal reserve banksters can keep on printing free money every month to keep the economy on life support to delude us. When they stop crash and burn. Be ready brothers and sisters. Put any wealth in gold and silver.

[PotSnob420]

Should be any day now!