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https://herb.co/marijuana/news/new-york-medical-cannabis-laws/

New York’s Department of Financial Services will not sanction state-chartered banks and credit unions

The guidance was issued in response to queries from financial institutions regarding provision of financial services to state-licensed medical cannabis-related businesses.
Bethan Rose Jenkins, Cannabis News Writer/Editorial July 26, 2018

Cannabis industry banking issues are causing concern among New York’s financial officials. On July 3, 2018, fresh guidance was issued by New York State’s Department of Financial Services (NYSDFS)...

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