U.S. banks are not using cannabis money any time soon <p> Banking institutions will never be permitted to simply take funds from cannabis-related organizations until federal instructions about the matter have now been applied, U.S. Federal Reserve Chairman Jerome Powell claims. </p> <p> This implies bad news for states which have already legalized and that is medical leisure cannabis, such as for example Colorado, Ca, and Washington. </p> <p> In a press meeting, Powell stated that the matter of permitting federal banking institutions to take care of transactions that are financial and provide banking services to cannabis organizations is an area” that are“very difficult while you will findalready many state rules that let the usage of

Read More